Movement Alert｜Haidilao Rises 3.03% in Regular Trading, Restaurant Sector Recovery and Strong Operating Data Boost Sentiment

Market Focus06-10

On June 10, Haidilao rose 3.03% in regular trading, trading at 12.47 HKD/share, with trading volume of approximately 24.13 million HKD.

On the news front, the restaurant sector has seen a collective recovery in recent sessions. Meituan previously surged over 12% after Goldman Sachs raised its earnings forecast, significantly lifting sector sentiment. Haidilao had already gained nearly 6% in the prior trading session and is continuing its rebound momentum today.

On the fundamental side, the company reported strong May operating data. During the May Day holiday period, table turnover rate remained at a seasonal high of over 5 times per day. On a same-store basis, the turnover rate recorded mid-double-digit growth, with high-double-digit customer traffic growth serving as the core driver. The month-over-month improvement trend observed throughout Q1 has continued, strengthening market confidence in the company's operational inflection point.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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