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Haidilao International Holding Ltd. (6862.HK)

HKSE - HKSE Delayed price. Currency in HKD
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19.100-0.040 (-0.21%)
At close: 04:08PM HKT
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Previous close19.140
Open19.800
Bid19.080 x 0
Ask19.100 x 0
Day's range18.640 - 19.800
52-week range11.940 - 23.950
Volume16,258,858
Avg. volume16,284,346
Market cap106.463B
Beta (5Y monthly)0.55
PE ratio (TTM)21.22
EPS (TTM)0.900
Earnings date26 Mar 2024
Forward dividend & yield0.82 (4.31%)
Ex-dividend date07 Jun 2024
1y target est21.60
  • Reuters

    Shift in Chinese retailers' strategy risks entrenching deflation

    Price cuts, the proliferation of bargain stores and companies offering cheaper, scaled-down versions of their products may create a vicious cycle of lower profit margins that curtail wage and job growth and further depress consumer appetite. This stands to create more headwinds for China's stuttering post-COVID recovery. Falling income growth is normalizing lower consumption in China, with some industries experiencing declining revenue, as "companies are lowering prices to maintain their market share and avoid being squeezed out," said Wang Dan, a Shanghai-based economist at Hang Seng Bank.