Changes in Hong Kong stocks | The increase in catering stocks further expanded, and the year-on-year increase in CPI in November increased, and the restaurant industry is now showing signs of positive improvement

The Zhitong Finance App learned that the increase in catering stocks expanded further. As of press release, Jiumaojiu (09922) rose 3.75% to HK$1.66; Haidilao (06862) rose 3.6% to HK$14.12; Tehai International (09658) rose 2.25% to HK$13.62; and Yum China (09987) rose 2.02% to HK$364.2.

According to the news, on December 10, the National Bureau of Statistics released data showing that the consumer price index (CPI) rose 0.7% year on year in November, the increase increased; the core CPI excluding food and energy prices rose 1.2% year on year, and the increase remained above 1% for 3 consecutive months. Tianfeng Securities previously pointed out that restaurants increased 3.8% year-on-year in October, the highest increase since June, showing positive signs of improvement.

Bank of China International previously released a research report saying that at the industry level, the growth rate of Social Zero Catering declined in June and the next three quarters, mainly due to the general food and beverage consumption environment. However, current market competition is gradually moving from price wars to rationality, and customer unit prices are gradually stabilizing. Subsequent enterprises need to pay more attention to building their own operating standards.