Movement Alert|Haidilao Falls 3.21% in Regular Trading, Ex-Dividend Date Compounds Restaurant Sector Weakness

Market Focus05-21

On May 21, Haidilao fell 3.21% in regular trading, trading at 13.45 HKD/share, with trading volume of 404 million HKD.

The decline coincided with the companys ex-dividend date, with a dividend of 0.384 HKD per share. Meanwhile, the broader restaurant sector continued to face selling pressure, amplifying downward momentum. On the news front, despite multiple institutions raising target prices — including CICC lifting its target to 19.5 HKD while maintaining an outperform rating — the market remains divided on fundamentals. Key concerns include persistent declines in per-capita spending and a 3.7% year-over-year drop in hotpot core business system sales.

Within the Restaurants sector, the overall tone remains weak. Among individual stocks, MEITUAN-W down 0.72%, YUM CHINA down 1.07%, GUMING down 1.78%, MIXUE GROUP down 0.78%, DPC DASH down 1.75%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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