HAIDILAO Shares Surge Over 5% Following Strong Lunar New Year Performance

Stock News
5 hours ago

HAIDILAO (06862) saw its shares rise more than 5%. At the time of writing, the stock was up 5.46% to HK$17.39, with a trading volume of HK$219 million. The increase follows reports that during the nine-day Lunar New Year holiday period from February 15 to 23, the company's restaurants across China served over 14 million customers, representing a significant increase compared to the same period last year. Stores in Hubei province performed particularly well, serving more than 600,000 customers during the holiday. Notably, locations in non-provincial capital cities such as Xiangyang, Xiantao, Tianmen, and Qianjiang saw a marked rise in customer traffic, with table turnover rates at some outlets increasing by over 50% compared to regular days. Guoyuan International previously noted that, based on its monitoring, the company's table turnover rate has stabilized year-on-year since the second half of 2025. Looking ahead to 2026, with the benefit of a low base effect and the company's continued focus on product innovation and store upgrades, operational performance is expected to continue improving. The company's dividend yield exceeds 6%, warranting positive attention.

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