According to a research report published by Citi, according to Haidilao's communication with investors, the company's monthly turnover rate in August fell by a single digit year on year. Compared with management's performance in the first half of the year, the turnaround rate for the first three weeks of August was lower than expected. According to the report, on September 8, controlling shareholder member Shu Ping sold about 259 million shares, equivalent to about 4.7% of the shares, further increasing the negative sentiment of the market about the shares. The selling price is about 20% lower than Zhang Yong's repurchase price in late May. After the sale, the total shareholders' shareholding fell from about 50.2% to about 45.5%. The expected income from the market may be used to pay taxes relating to China's implementation of new personal income tax arrangements for offshore trusts. The controlling shareholders expressed full confidence in the company's business prospects, growth potential and long-term value. The bank maintains Haidilao's “buy” rating and target price of HK$19.3.

According to a research report published by Citi, according to Haidilao's communication with investors, the company's monthly turnover rate in August fell by a single digit year on year. Compared with management's performance in the first half of the year, the turnaround rate for the first three weeks of August was lower than expected. According to the report, on September 8, controlling shareholder member Shu Ping sold about 259 million shares, equivalent to about 4.7% of the shares, further increasing the negative sentiment of the market about the shares. The selling price is about 20% lower than Zhang Yong's repurchase price in late May. After the sale, the total shareholders' shareholding fell from about 50.2% to about 45.5%. The expected income from the market may be used to pay taxes relating to China's implementation of new personal income tax arrangements for offshore trusts. The controlling shareholders expressed full confidence in the company's business prospects, growth potential and long-term value. The bank maintains Haidilao's “buy” rating and target price of HK$19.3.