Catering stocks picked up in early trading. As of press release, Haidilao (06862) rose 5.39% to HK$18; Yum Sheng China (09987) rose 5.25% to HK$317; Jiumaojiu (09922) rose 4.66% to HK$6.29; Helens (09869) rose 3.2% to HK$3.55; and Xiabuxiabu (00520) rose 2.94% to HK$1.75.
The Zhitong Finance App learned that catering stocks picked up in early trading. As of press release, Haidilao (06862) rose 5.39% to HK$18; Yum Sheng China (09987) rose 5.25% to HK$317; Jiumaojiu (09922) rose 4.66% to HK$6.29; Helens (09869) rose 3.2% to HK$3.55; and Xiabuxiabu (00520) rose 2.94% to HK$1.75.
Shanghai Securities pointed out that with Haidilao's open franchise model, the chain rate of restaurants in China continues to rise. The bank pointed out that there is a strong recovery trend in the catering industry, and the chainization 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, on the other hand, pointed out that the restaurant industry has fully recovered, and the overall momentum is strong; the restaurant 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 the mainstream in food and beverage consumption; expanding the size of stores is still the main theme, and the degree of restaurant chains has further increased.