According to the Zhitong Finance APP, dining stocks rose in the morning session, as of press time, Nayuki's Tea (02150) rose by 5.04%, to HK$1.46; DPC Dash (01405) rose by 4.32%, to HK$76.15; Jiumaojiu (09922) rose by 2.91%, to HK$3.18; Yum China (09987) rose by 2.88%, to HK$371.2; Haidilao (06862) rose by 2.31%, to HK$15.04.

On the news front, recently, with the arrival of the peak consumer season at the end of the year, in order to further stimulate market vitality and boost consumer confidence, various regions across the country have successively launched a new round of consumer voucher distribution activities. Tianfeng Securities pointed out that the effect of dining consumer vouchers is direct and significant, which is conducive to stimulating the recovery of the dining industry. Under the backdrop of intensified industry competition, leading companies have stronger operational resilience, bullish on dining industry leaders with alpha, improving same-store trends, and sufficient cash flow.

Dongxing Securities pointed out that the year-on-year growth rate of total retail sales of consumer goods in October hit a new high since the second half of this year and has maintained a trend of accelerated growth for two consecutive months. Among them, the total revenue of the catering industry in October was 495.2 billion yuan, an increase of 3.2% year-on-year, accelerating by 0.1 percentage points compared to the previous month. Although the monthly growth rate is slower than at the beginning of the year, overall catering consumption is still in stable growth. It is expected that with the stimulation from vouchers across various regions, there will be further room for recovery in dining consumption.