Movement Alert｜Haidilao Falls 3.27% in Regular Trading, Food Safety Incidents Continue to Escalate Amid Broader Restaurant Sector Weakness

Market Focus06-16

On June 16, Haidilao fell 3.27% in regular trading, trading at HKD 12.14/share, with turnover of HKD 69.83 million.

On the news front, food safety concerns surrounding Haidilao have intensified. A Guangzhou store was reported to have mistakenly served an unfinished beverage from one customer to another table, with the drink found to contain pills with acetaminophen. The Haizhu District Market Supervision Bureau has launched a formal investigation into the store. The company has faced multiple food safety incidents earlier this year, including pot residue and plastic fragments found in hotpot broth, heightening market concerns over its quality control capabilities.

The broader restaurant sector also came under significant pressure. Among sector peers, Meituan-W fell 4.15%, Guming fell 4.46%, Mixue Group fell 1.88%, and Yum China fell 1.55%, while Cafe de Coral Holdings bucked the trend with an 8.06% gain.

(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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