As New Year's Day approaches, some Restaurants see bookings increase by more than 5 times, with HAIDILAO leading the rise in Dining stocks with a gain of over 3%.
① How do Institutions view the year-end performance of Dining stocks? ② How has the recent Company Business Data for Dining performed?
Hong Kong stocks movement | Dining stocks generally decline, HAIDILAO (06862) drops over 5%, with same-store sales in the dining industry continuing to be weak.
Dining stocks generally fell. As of the time of publication, HAIDILAO (06862) was down 5.12%, priced at 15.56 Hong Kong dollars; SUPER HI (09658) was down 4.04%, priced at 21.4 Hong Kong dollars; JIUMAOJIU (09922) was down 3.18%, priced at 3.35 Hong Kong dollars.
After ten years of going public, becoming a penny stock! Why is Dining so difficult?
There are no winners.
Is Haidilao International Holding Ltd.'s (HKG:6862) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Dining stocks are generally under pressure, with Helen's (09869) down 8.65%. Goldman Sachs pointed out that the same-store sales in the Dining industry continued to be weak in November.
Jinwu Financial News | Dining stocks are generally under pressure. As of the time of writing, Helens (09869) is down 8.65%, JIUMAOJIU (09922) is down 5.85%, Nayuki's tea (02150) is down 4.76%, XIABUXIABU (00520) is down 4.13%, and HAIDILAO (06862) is down 2.27%. On the news front, Goldman Sachs' Research Reports indicate that same-store sales in the Dining industry continue to be weak in November, with variable demand. Regarding policy stimulus, the bank has observed that more cities/provinces have introduced consumer vouchers for Dining, but it believes the impact varies by brand and region, and the companies covered by the bank.
The CSI Consumer 360 index sector is under pressure as MENGNIU DAIRY (02319) falls by 4.59%. Institutions indicate that there is a lag in policy transmission, and the sustainability of consumer recovery remains to be observed.
Jinwu Financial News | The CSI Consumer 360 index Sector is generally under pressure, as of the time of writing, MENGNIU DAIRY (02319) has fallen by 4.59%, CHINA RES BEER (00291) has dropped by 4.13%, NONGFU SPRING (09633) has decreased by 3.31%, and HAIDILAO (06862) has declined by 3.41%. On the news front, Guoyuan International released a Research Report indicating that the consumption market will be weak in 2024, putting pressure on the Sector's fundamentals. After a brief rebound following the government's comprehensive policy rollout at the end of September, the market has retreated. Year-to-date, the Hang Seng Select Consumer Sector has fallen by 13.39%, underperforming the Large Cap; the Hong Kong Stock Shenwan Food & Beverage Index has seen a cumulative decline of 3.7.
