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| HSI1 | 26,999.81 | +151.34 | 340.39B |
| HSCEI1 | 9,315.56 | +30.15 | 138.40B |
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2026-01-14 16:53:04 Zhang Yong, the founder and chairman of HAIDILAO (06862.HK), has resumed the position of CEO after four years, according to a CLSA report. That said, the broker doesn't anticipate major changes in the company's strategy. As regulatory bodies intervene in the food delivery price war, the frequency of dining in China is likely to recover from its low point in 2025, making the founder's return timely, CLSA said. While HAIDILAO was unable to offset the impact of declining table turnover rates due to its fixed cost structure last year, CLSA believes it will be able to stage a comeback with its operational leverage. Based on a more optimistic revenue outlook, CLSA has raised its target price for HAIDILAO from HKD16 to HKD18, with a rating of Outperform. ~ AAStocks Financial News Web Site: www.aastocks.com | |