HK Stock Market Move | JIUMAOJIU (09922) rose nearly 3%. The year-on-year decrease in same-store daily sales in the third quarter continued to narrow.
99 (09922) rose nearly 3%, as of the time of publication, it rose by 2.94%, closing at HK$2.1, with a trading volume of HK$17,032,700.
JIUMAOJIU (09922) rose by nearly 3%, as of the time of publication it increased by 2.94% to 2.1 Hong Kong dollars, with a turnover of 17.03 million Hong Kong dollars.
On the news side, on the evening of October 15th, JIUMAOJIU announced that in the third quarter of 2025, the table turnover rates for Tai Er (self-operated only), Seng hot pot and JIUMAOJIU (self-operated only) were 3.3, 2.4 and 2.5 respectively, with same-store daily sales decreasing by 9.3%, 19.1% and 14.8% respectively year-on-year. The announcement stated that in the third quarter, the year-on-year decrease in same-store daily sales for Tai Er and JIUMAOJIU continued to narrow, reflecting the gradual effectiveness of the group's operational adjustments and brand upgrade measures. Tai Er's same-store daily sales have improved for three consecutive quarters and the same-store daily sales in cities such as Beijing and Shanghai achieved year-on-year positive growth in the third quarter.
In addition, as of the announcement date, the number of "5.0 Fresh Mode" restaurants established by Tai Er in mainland China has reached 106. The new model restaurants have received positive feedback since their launch, so the group will accelerate the pace of promotion in the fourth quarter, with the number of new model restaurants expected to increase to over 200 by the end of 2025.
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JIUMAOJIU (09922) announced on October 16th that it spent HK$1.0028 million to repurchase 478,000 shares.
