On May 26, Guming (01364.HK) fell 3.84% in regular trading, trading at HK$21.62/share, with trading volume of HK$20.09 million. The stock continues to extend its downtrend following analyst downgrades and operational headwinds.

Daiwa recently cut its target price on Guming from HK$36 to HK$32, lowering EPS forecasts for 2026-2028 by 4%-5%, citing two key concerns: slowing same-store sales growth amid a high base from prior subsidy campaigns, and new store openings falling well short of expectations. According to industry data, Guming opened only 590 new stores in the first four months, significantly trailing the market expectation of 3,345 net additions for the full year. Separately, Haitong International raised its target price slightly to HK$31.7, maintaining an outperform rating, but acknowledged short-term high-base pressure with the May-August period being critical. Southbound capital has also been reducing positions, with a cumulative net reduction of approximately 8.9 million shares over the past 20 trading days.

Within the Restaurants sector, the overall sector traded lower. Among individual stocks, Meituan-W down 4.06%, Haidilao down 1.86%, Mixue Group down 1.60%, Yum China down 1.53%, DPC Dash up 0.10%.

(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.)