HAIDILAO's stock price surged 6.25% during intraday trading on Wednesday, driven by reports of exceptionally strong business performance during the recent Lunar New Year holiday.
The company's restaurants across China served over 14 million customers during the nine-day holiday period, representing a significant year-on-year increase. Stores in Hubei province served more than 600,000 customers, with outlets in non-provincial capital cities like Xiangyang and Xiantao seeing a marked rise in traffic. Table turnover rates at some locations increased by over 50% compared to regular days.
Analysts note that the company's table turnover rate has stabilized, and with the benefit of a low base effect, continued product innovation, and store upgrades, operational performance is expected to improve further in 2026. The stock's attractive dividend yield, exceeding 6%, has also garnered positive investor attention.