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Stable Share Structure at SUPER HI INTERNATIONAL HOLDING LTD.
Ministry of Commerce: Will introduce new consumer policies in the consumer sector, Beijing-Tianjin-Hebei-Chongqing will issue consumer vouchers for dining, culture and tourism, sports, etc.
According to internal media reports, Vice Minister of the Ministry of Commerce, Sheng Qiuping, stated that the Ministry of Commerce will work with relevant departments to introduce a new batch of policies in the consumer sector. For example, they will soon study and implement policies to promote the development of the initial launch economy, facilitate high-quality development of the wholesale and retail trade, support the trial construction of modern commercial and trade circulation systems in 20 cities including Shanghai, Tianjin, etc., launch pilot reforms in automobile distribution and consumption, and promote special action plans for healthy consumption. Five cities will also introduce supporting policies. For instance, Shanghai and Guangzhou will introduce policies supporting and incentivizing the first store opening, debut, and exhibition; Beijing, Tianjin, Shanghai, and Chongqing will issue dining, cultural tourism, sports, and other service consumption vouchers.
Hong Kong stocks abnormal movement | jiumaojiu (09922) fell more than 12%, leading the decline in the dining sector. Q3 dining same-store sales still face certain growth pressure.
Dining stocks fell across the board in the morning session. As of the time of publication, jiumaojiu (09922) fell by 11.72% to 3.69 Hong Kong dollars; xiabuxiabu (00520) fell by 8.8% to 1.14 Hong Kong dollars; super hi (09658) fell by 2.12% to 13.86 Hong Kong dollars.
CICC: First initiated a 'buy' rating for Super Hi (09658), with a wide space for future store openings.
CICC expects super hi to achieve net income attributable to the parent company of 24.6183, 51.2254, and 67.653 million US dollars in 2024-2026.
super hi (9658.HK): Leading the way in Chinese cuisine going global, embarking on a dual listing once again.
Super Hi: The pioneer of Chinese cuisine going global, embarking on a dual listing journey. Super Hi originated from Haidilao, is an enterprise that offers Haidilao hot pot in the international market. Since its establishment in 1994, Haidilao has continuously expanded and matured domestically, and has embarked on a path of global development.
Express News | Most of the Hong Kong dining stocks rose, with xiabuxiabu up nearly 12%.
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