HK Stock Market Move | HAIDILAO (06862) rebounds over 3%; during the National Day holiday, both customer traffic and table turnover rate at HAIDILAO rose.

HAIDILAO (06862) rebounded over 3%. As of press time, it rose 3.09% to HK$9.52, with a turnover of HK$91.8676 million. On the news front, HAIDILAO disclosed data showing that on October 1, stores across various regions received nearly 2 million diners, setting a new high for this year's National Day holiday. HAIDILAO noted that tourist flows further translated into dining consumption at destinations, with stores in multiple locations such as Urumqi and Anqing experiencing peak customer traffic. The HAIDILAO store at Grandjoy Holdings Group in Jing'an, Shanghai became the national "table turnover king," with an average daily table turnover rate of 10.21 times and a single-day maximum table turnover rate exceeding 11 times. HAITONG INT'L released a research report stating that since the summer peak season, the main brand's operations have improved month-on-month, and we expect the summer table turnover rate to have recovered somewhat on a month-on-month basis. In July, HAIDILAO's overall store table turnover rate rose month-on-month compared with June and was flat year-on-year compared with the same period last year. Store customer traffic rose significantly in July, mainly due to the arrival of the summer consumption peak season, and the company timely launched a series of themed marketing activities. In August, there was a mid-single-digit percentage increase month-on-month compared with July, and a low-single-digit percentage decline year-on-year, mainly due to the high base in the same period last year. We expect that in September, due to the earlier Mid-Autumn Festival, the table turnover rate will be basically flat year-on-year.