Catering stocks continued to rise in early trading. As of press release, Xiabuxiabu (00520) rose 8% to HK$1.89; Naixue's tea (02150) rose 5.21% to HK$3.43; Haidilao (06862) rose 3.47% to HK$17.3; and Jiumaojiu (09922) rose 3.02% to HK$6.15.
The Zhitong Finance App learned that catering stocks continued to rise in early trading. As of press release, Xiabuxiabu (00520) rose 8% to HK$1.89; Naixue's tea (02150) rose 5.21% to HK$3.43; Haidilao (06862) rose 3.47% to HK$17.3; and Jiumaojiu (09922) rose 3.02% to HK$6.15.
Shanghai Securities pointed out that since 2023, along with the strong recovery of the catering market, the trend of leading catering companies opening up and joining has become more obvious, and many brands have chosen to open up franchises to expand the market. The restaurant industry is picking up strongly, and the chain chain process continues to accelerate. Haidilao follows the trend of joining the restaurant market and expanding its brand influence, helping it enhance its operating capacity, introduce more high-quality resources, improve operational efficiency, and help it continue to expand in the future. It is recommended to pay attention to Haidilao and Jiumaojiu.
Huafu Securities pointed out that the restaurant industry has fully recovered, and the overall momentum is strong; the catering industry is showing potential for growth in the sinking market, or becoming a new growth point for performance; high-quality and cost-effective products and immediate demand categories are still mainstream in food and beverage consumption; expanding the size of stores is still the main theme, and the degree of restaurant chain has further increased. We recommend Xiabuxiabu, which is deeply involved in sinking dining channels. It is recommended to pay attention to Haidilao, Guangzhou Restaurant, Jiumaojiu, and Tongqing House.