Australia markets closed

Haidilao International Holding Ltd. (6862.HK)

HKSE - HKSE Delayed price. Currency in HKD
Add to watchlist
18.880-0.420 (-2.18%)
As of 02:38PM HKT. Market open.
Full screen
Previous close19.300
Open19.440
Bid18.860 x 0
Ask18.880 x 0
Day's range18.820 - 19.460
52-week range11.940 - 23.950
Volume7,544,000
Avg. volume16,339,295
Market cap105.237B
Beta (5Y monthly)0.55
PE ratio (TTM)20.98
EPS (TTM)0.900
Earnings date26 Mar 2024
Forward dividend & yield0.82 (4.27%)
Ex-dividend date07 June 2024
1y target est21.58
  • 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.