On July 16, Haidilao rose 3.17% in regular trading, trading at HK$11.8 per share, with turnover of approximately HK$49.14 million. The gain was driven by institutional optimism surrounding the company's first-half operational performance and a broader recovery in the restaurant sector.
Guoyuan International disclosed in its latest research report that, based on tracking of Haidilao's monthly operational data, the company achieved year-over-year positive growth in table turnover rates from January to April, with overall H1 turnover rate expected to show YoY improvement despite some softness in May-June. Separately, Citi issued a report highlighting improving sentiment toward domestic demand stocks, recommending 10 large-cap consumer names, which lifted the entire restaurant sector. Peers including Meituan-W gained 3.12% and Guming rose 3.95%. China Galaxy Securities also indicated that restaurant sector recovery will continue in H2, with leading brands' unit economics models expected to improve. Guojin Securities previously assigned a Buy rating with a target price of HK$18.94, implying significant upside from current levels. The company's controlling shareholder Zhang Yong purchased approximately 11.4 million shares in May at an average price of HK$13.39, signaling management confidence.
(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.)
Comments