Hong Kong stocks fluctuate | Dining stocks strengthen in the afternoon, xiabuxiabu (00520) surged more than 11% at one point, incremental policies are expected to help improve consumer expectations
Dining stocks rallied in the afternoon. As of the time of publication, xiabuxiabu (00520) rose by 9.38%, closing at 1.05 Hong Kong dollars; jiumaojiu (09922) rose by 7.76%, closing at 3.47 Hong Kong dollars; Helen's (09869) rose by 6.05%, closing at 2.28 Hong Kong dollars.
Haidilao International Holdings: Strong Market Position and Strategic Initiatives Drive 'Buy' Rating
[Brokerage Focus] BOCOM International upgraded haidilao (06862) to a "buy" rating, indicating that accelerated store openings are expected in the coming year.
Golden finance | Pu silver international research reports indicate that in previous reports, the bank expressed concerns about the future store expansion, profit margin improvement, and multi-brand global strategy of Haidilao (06862). However, in a recent corporate day event of the bank, the management gave a high guidance on the opening target of their new brand "Yan Qing," and detailed the synergistic effects between Yan Qing and Haidilao in terms of procurement, labor, rent, and other aspects. Although the success of the Yan Qing brand in the end still has a great deal of uncertainty, the stable performance of the Haidilao main brand and the company's active layout of the second brand are expected to be promising.
What Haidilao International Holding Ltd.'s (HKG:6862) 34% Share Price Gain Is Not Telling You
Hong Kong stocks in unusual movement | Xiabuxiabu (00520) rose more than 9% leading the dining stocks, with National Day dining consumer spending picking up, many catering enterprises experiencing significant increase in customer traffic.
Dining stocks rose in early trading. As of the deadline, Xiabuxiabu (00520) rose by 9.17% to HK$1.31; Yum China (09987) rose by 5.82% to HK$367; Super Hi (09658) rose by 3.87% to HK$14.5.
Trending Industry Today: JIUMAOJIU Leads Losses In Holidays Stocks
