On June 17, Haidilao fell 3.05% in regular trading, trading at HK$11.78/share, with turnover of HK$99.93 million. The decline extends a multi-day selloff as food safety concerns continue to pressure the stock.
On the news front, a series of food safety incidents have intensified market concerns over the company's quality control capabilities. A Guangzhou store was recently reported to have mistakenly served a beverage previously belonging to another customer, with pills containing acetaminophen detected in the drink. The Haizhu District Market Supervision Bureau has launched an investigation into the store. Earlier this year, the company was also penalized RMB 20,000 after plastic fragments were found in hotpot seasoning, and a separate incident involving visible dirt in a soup base was widely discussed.
Analysts note that the recurring food safety issues reflect broader operational challenges, including slowing store expansion, declining per-customer spending, and limited staff advancement opportunities under cost optimization measures. Southbound funds have net sold approximately 57 million shares over the past 20 trading days, indicating sustained institutional selling pressure. Within the Restaurants sector, MEITUAN-W fell 0.8%, YUM CHINA fell 1.92%, and MIXUE GROUP fell 1.47%.
(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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