0429 GMT - Chinese hotpot restaurant chain Haidilao International has multiple growth catalysts ahead despite disappointing 2025 results, say Nomura analysts in a research note. While Haidilao's full-year revenue rose only 1.1% last year, the company has made efforts to spur growth, including diversifying product offerings, marketing in lower-tier cities and nurturing new brands. The analysts reckon these efforts should lead to a gradual recovery of sales momentum for Haidilao's restaurants. Nomura raises the stock's target price to 18.40 Hong Kong dollars from HK$17.30 and keeps a buy rating. Shares last traded at HK$14.74. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
March 30, 2026 00:29 ET (04:29 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments