Global Equities Roundup: Market Talk

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Global Equities Roundup: Market Talk

Dow Jones05-07

The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day.

0415 GMT - Haidilao International's earnings growth is likely to be sustained in 2024 and its valuations are supported by its leadership in the market, according to CCB International analysts Anita Du and Anita Chu in a research note. They raised their 2024 earnings forecast for the Chinese restaurant chain by a slight 1% to factor in a higher same-store transaction assumptions. Heavier customer traffic and higher operating efficiency are likely to boost table turnover rates, they say. The analysts keep a buy rating and raise their target price to HK$21.00 from HK$19.70. Shares are 2.2% lower at HK$18.88. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

May 07, 2024 00:15 ET (04:15 GMT)

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Heavier customer traffic and higher operating efficiency are likely to boost table turnover rates, they say. The analysts keep a buy rating and raise their target price to HK$21.00 from HK$19.70. Shares are 2.2% lower at HK$18.88. 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Published exclusively on Dow Jones Newswires throughout the day. \n\n\n  0415 GMT - Haidilao International's earnings growth is likely to be sustained in 2024 ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0348735423.USD","symbol_name":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2433908352","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2433908352","pubTimestamp":1715055300,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"The latest Market Talks covering Equities. 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Published exclusively on Dow Jones Newswires throughout the day. \n\n\n  0415 GMT - Haidilao International's earnings growth is likely to be sustained in 2024 and its valuations are supported by its leadership in the market, according to CCB International analysts Anita Du and Anita Chu in a research note. They raised their 2024 earnings forecast for the Chinese restaurant chain by a slight 1% to factor in a higher same-store transaction assumptions. Heavier customer traffic and higher operating efficiency are likely to boost table turnover rates, they say. The analysts keep a buy rating and raise their target price to HK$21.00 from HK$19.70. Shares are 2.2% lower at HK$18.88. 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