On June 3, Haidilao fell 3.09% in regular trading, trading at HK$12.54/share, with trading volume of HK$85.56 million. The stock gave back prior rebound gains as the broader restaurant sector experienced a sharp collective sell-off.

On the news front, the restaurant sector saw broad-based weakness, with Meituan down 6.73%, Mixue Group down 6.39%, DPC Dash down 6.18%, Guming down 3.75%, and Yum China down 2.85%, reflecting a sharp deterioration in sector sentiment. On the fundamental side, the market remains concerned about the company's continued decline in per-customer spending and a 3.7% year-over-year drop in hotpot main brand system sales.

Institutional views remain divided, with some brokerages maintaining sell ratings with a target price of HK$12.5, while CICC has raised its target to HK$19.5. The stock has declined nearly 30% from its high earlier this year.

(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.)