Movement Alert|Haidilao Falls 3.1% in Regular Trading, Restaurant Sector Weakness and Fundamental Concerns Persist

Market Focus05-26

On May 26, Haidilao fell 3.1% in regular trading, trading at 12.52 HKD/share, with trading volume of approximately 105 million HKD.

The stock continued its post-ex-dividend weakness as the broader restaurant sector remained under pressure alongside lingering fundamental concerns. Market participants remain worried about the company's declining per-capita spending and a 3.7% year-over-year drop in hotpot core business system sales. Institutional views are notably divided — one brokerage maintains a sell rating with a 12.5 HKD target price, while CICC raised its target to 19.5 HKD with an outperform rating. Notably, CEO Zhang Yong purchased 11.35 million shares at an average price of approximately 13.39 HKD during May 21-22, totaling around 152 million HKD, signaling management confidence.

Within the Restaurants sector, the overall tone remained weak. Among individual stocks, MEITUAN-W down 2.95%, MIXUE GROUP down 1.83%, YUM CHINA down 1.25%, GUMING down 0.98%, DPC DASH up 0.89%.

(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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