Express News | Dining sector experiences a significant surge in the Hong Kong market, with JIUMAOJIU climbing 12% and HELENS jumping 10%.
Haidilao International Holding Ltd. (HKG:6862) Shares Could Be 29% Below Their Intrinsic Value Estimate
[Hong Kong Stock Connect] Haidilao (06862) rose by 3.87% as it prepares to launch the "Hi Hi You Liao" hotpot concept in Singapore. Goldman Sachs raised its target price by 13.87%.
King Wutong Financial News | Haidilao (06862) has repeatedly risen, as of press time, up by 3.87% to HK$16.1, with a turnover of 0.243 billion Hong Kong dollars. In terms of news, according to market media reports, many customers revealed on social platforms that Haidilao is preparing for the opening of the "Highly Anticipated Hotpot" near the Gardens by the Bay in Singapore. It is continuously inviting guests to taste the new dishes and is expected to officially open in early January next year. Based on the sharing of participating customers who tasted the dishes, the richness of the main hotpot ingredients is evident. Currently, dishes such as Fragrant Shrimp Hotpot, Medicinal Pig Trotter Hotpot, and Chicken Curry Hotpot have been introduced. Furthermore, the shape of the hotpot container is round, unlike Haidilao's conventional square containers.
Hong Kong stocks surged | Haidilao (06862) up more than 3%, reportedly trying new business formats in Singapore, expected to officially open early next year.
Haidilao (06862) rose by more than 3%, as of the time of publication, it increased by 3.23%, closing at 16 Hong Kong dollars, with a transaction value of 0.118 billion Hong Kong dollars.
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
