On May 22, Haidilao fell 3.26% in regular trading, trading at 12.99 HKD/share, with trading volume of approximately 53.06 million HKD. The stock extended its recent downtrend as the restaurant sector continued to face selling pressure.

The decline was driven by persistent fundamental headwinds and sector-wide weakness. Market participants remain concerned over the company's declining per-capita spending and a 3.7% year-over-year drop in hotpot business system sales. Although CICC recently raised its target price to 19.5 HKD and maintained an outperform rating, investor sentiment remains cautious given the growth uncertainty.

Within the Restaurants sector, the overall tone remained weak. Among individual stocks, MEITUAN-W down 0.55%, YUM CHINA down 0.17%, GUMING down 1.90%, MIXUE GROUP down 0.47%, AUNTEA JENNY down 2.57%.

(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.)