On June 4, Guming (01364.HK) fell 3.26% in regular trading, trading at HKD 22.54/share, with trading volume of HKD 38.10 million. The stock continued its recent downtrend, weighed down by same-store sales concerns and broad restaurant sector weakness.

On the news front, Goldman Sachs previously forecast that Guming's same-store sales could decline by 6%. Meanwhile, southbound capital has accumulated net selling of over 6.34 million shares over the past 20 trading days, reflecting a bearish fund flow environment. The company's recent high-cost acquisition of its Hangzhou headquarters land, coupled with a five-year cumulative revenue target of RMB 10 billion, has also raised market concerns over growth sustainability.

Within the Restaurants sector, weakness was broad-based. Among peers, Meituan-W fell 1.99%, Mixue Group fell 2.36%, DPC Dash fell 1.87%, Haidilao fell 1.56%, while Yum China edged up 0.12%.

Guming Holdings Limited is an investment holding company principally engaged in the production and sale of freshly made beverages, operating the Guming brand primarily through a franchise model, selling fruit tea, milk tea, coffee, and other freshly made beverages.

(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.)