Movement Alert|Haidilao Rises 3.13% in Regular Trading, Apple COO Visit Sparks Digital Cooperation Expectations Amid Strong Restaurant Sector

Market Focus
06/29

On June 29, Haidilao rose 3.13% in regular trading, trading at HK$11.22/share, with turnover of HK$68.60 million. The rise was driven by news that Apple COO Sabih Khan visited Haidilao's Beijing Qingnian Road store on June 23 to explore terminal device applications in restaurant scenarios, making Haidilao the only food-service company on his China itinerary.

During the visit, Khan experienced Haidilao's signature noodle performance and sampled signature hotpot offerings while reportedly observing the use of Apple devices in dining operations. The visit has fueled market speculation regarding potential digital collaboration between the two companies.

The broader restaurant sector showed strong momentum, with Meituan-W up 7.55%, Mixue Group up 4.78%, and Yum China up 2.15%, creating a clear sector linkage effect. On the fundamental side, controlling shareholder and CEO Zhang Yong purchased approximately 11.35 million shares at an average price of HK$13.39 per share in May, signaling management confidence in the company's long-term prospects. Additionally, the return of veteran executive Yang Lijuan to lead the company's Red Pomegranate expansion plan has further reinforced positive market sentiment.

(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.)

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