On June 3, Guming (01364.HK) fell 3.42% in regular trading, trading at HK$23.16/share, with trading volume of HK$27.81 million.

On the news front, the restaurant sector experienced broad-based weakness, with Meituan-W down 6.32%, Mixue Group down 6.11%, Yum China down 2.91%, and Haidilao down 2.31%, dragging sector sentiment sharply lower. Guming continued to face pressure from slowing store expansion and weakening same-store sales expectations. Goldman Sachs previously projected a potential 6% decline in same-store sales, while southbound capital has cumulatively net sold over 7.95 million shares over the past 20 trading days, reflecting a bearish funding backdrop.

Additionally, market concerns linger over the company's high-cost acquisition of its Hangzhou headquarters land and an aggressive revenue target of RMB 10 billion over five years. Although Guming is actively expanding into coffee and breakfast segments to boost store utilization, short-term effectiveness remains unverified, and the stock continues its weak trajectory.

(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.)