Dining stocks generally rose, as of the deadline, Jiumaojiu (09922) rose by 9.59%, to HK$2.4; Xiabuxiabu (00520) rose by 6.49%, to HK$0.82; Helen's (09869) rose by 6.02%, to HK$1.41.
Intelligent Financial APP learned that dining stocks generally rose, as of the deadline, Jiumaojiu (09922) rose by 9.59%, to HK$2.4; Xiabuxiabu (00520) rose by 6.49%, to HK$0.82; Helen's (09869) rose by 6.02%, to HK$1.41; Haidilao (06862) rose by 5.56%, to HK$13.28.
On the news front, during this year's Mid-Autumn Festival holiday, dining consumption showed a booming trend. It is reported that during the 3-day Mid-Autumn holiday in 2024, Haidilao hotpot nationwide received over 5 million customers. Xiabuxiabu achieved good sales nationwide, with customer traffic on the Mid-Autumn Festival increasing compared to last year, with Jiangsu, Shenzhen, and Xinjiang seeing an increase of about 200%; Jiumaojiu Group's brands, Tai'er Sour Fish and Sōng Hot Pot Factory, performed well overall.
Shanghai Securities previously stated that the franchise and cooperation model is expected to accelerate brand expansion and regional penetration, reducing operational risks under the self-operated model. Leading restaurant companies are expected to take advantage of the upward trend to accelerate store layout and once again usher in a development dividend. Shenwan Hongyuan previously stated that the listing of dining companies in Hong Kong has generally passed the peak of new store openings, and the franchise model has gradually been introduced. Same-store income in the first half of the year faced a higher comparison base, but may improve in the second half of the year.