Changes in Hong Kong stocks | Haidilao (06862) fell more than 4%, and the turnover rate in September remained flat year on year before being reduced by the controlling shareholder

The Zhitong Finance App learned that Haidilao (06862) fell by more than 4%. As of press release, it fell 4.38% to HK$9.17, with a turnover of HK$578.26 million.

According to the news, Citi released a research report indicating that according to Haidilao's communication with investors, the turnover rate in September remained flat year over year, improving by one digit from month to month compared to August's year-on-year decline. Furthermore, the turnover rate during the 2026 7-day National Day Golden Week (October 1-7) increased slightly year-on-year compared to the 2025 8-day Golden Week (October 1-8), showing initial signs of business stabilization.

However, Citi believes that since the controlling shareholder reduced their holdings on September 8 and the August turnover rate fell short of expectations, investors' sentiment about the stock has clearly weakened. Due to relatively low market expectations, if operations from October to November show further signs of stabilization, the stock price should be favorable.