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Haidilao International Holding Ltd. (HDALF)

Other OTC - Other OTC Delayed price. Currency in USD
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2.44000.0000 (0.00%)
At close: 02:03PM EDT
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Trade prices are not sourced from all markets
Previous close2.4400
Bid0.0000 x 0
Ask0.0000 x 0
Day's range2.4400 - 2.4400
52-week range1.7000 - 3.0000
Avg. volume208
Market cap13.601B
Beta (5Y monthly)0.55
PE ratio (TTM)22.18
EPS (TTM)0.1100
Earnings dateN/A
Forward dividend & yield0.11 (4.32%)
Ex-dividend date07 June 2024
1y target estN/A
  • 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.