Nai Xue's Tea (02150) rose by more than 5% and rose 5.86% to HK$2.53 at press time, with a turnover of HK$11.53 million.
The Zhitong Finance App learned that Nai Xue's tea (02150) rose by more than 5% and rose 5.86% at press time to HK$2.53, with a turnover of HK$11.53 million.
According to the news, an announcement was previously issued. In the three-month quarter ending March 31, 2024, the Group obtained a net addition of 23 stores directly managed by Nai Xue's tea and the closure of 28 stores directly managed by Naixue's tea. As of March 31, 2024, the Group operated a total of 1,597 Nai Xue's tea directly managed stores, and 205 Nai Xue's tea franchise stores, mainly in middle- and low-tier cities.
China Merchants Securities pointed out that in the future, hotel restaurants are expected to continue to be strong as the May Day holiday approaches. Shanghai Securities said that, driven by the holidays, demand for food and beverage consumption is expected to be released sharply, which has played an important supporting role in boosting consumer confidence throughout the year. The franchise and cooperation model is expected to accelerate brand expansion and regional penetration, and reduce operating risks under the self-operated model. Leading restaurant companies are expected to take advantage of the momentum to speed up the layout and opening of stores, once again ushering in development dividends.