On August 28, HAIDILAO fell 3.06% in regular trading, trading at HK$12.01/share, with turnover of HK$10.53 million.

On the news front, following the company's interim results released on August 25, multiple investment banks collectively lowered their target prices. Bank of America Securities cut its target to HK$12.3, maintaining a \"neutral\" rating; Nomura reduced its target from HK$18.4 to HK$17.4; CMB International lowered its target from HK$16 to HK$14.4 while upgrading its rating to \"buy,\" citing attractive risk-reward at 13.8x forward P/E.

Although H1 revenue grew 7.9% year-over-year to RMB 22.337 billion, core hotpot restaurant revenue declined 4%, same-store sales fell 1.3%, and average spending per customer dropped to RMB 97. Attributable net profit rose only 0.5%, with pre-tax profit declining nearly 3% to RMB 2.557 billion. The structural weakness in the core business has raised market concerns over earnings quality, offsetting positive signals from the 121.2% surge in delivery revenue and the 11.5% increase in interim dividend to HK$0.377 per share.

(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.)