On June 2, Guming (01364.HK) fell 3.14% in regular trading, trading at HK$23.28/share, with trading volume of HK$18.95 million.

The decline was driven by persistent concerns over slowing store expansion and same-store sales pressure. Goldman Sachs previously forecast a potential 6% decline in same-store sales, while southbound capital has recorded cumulative net selling of over 6.34 million shares over the past 20 trading days, reflecting a bearish capital flow posture.

Additionally, the company recently acquired a headquarters land parcel in Hangzhou carrying stringent performance commitments — cumulative revenue of RMB 10 billion and tax contributions of RMB 600 million over five years — raising market concerns about growth sustainability. Although Guming has actively expanded into coffee and breakfast offerings to extend operating hours, the short-term impact on same-store efficiency remains unverified. The stock continues its weak trend following a roughly 18% cumulative pullback during Q2.

(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.)