Jianingna (00126) subsidiary plans to sell all shares in Yiyang Jianingna International Hotel Management for 130 million yuan
According to Zhitong Finance App, Jiannina (00126) issued an announcement. On April 26, 2024, Carina (Hong Kong) (i.e., an indirect wholly-owned subsidiary of the company), Carina (Foshan) (a direct wholly-owned subsidiary of the company) (as the seller), the buyer Yiyang Peninsula Hotel Management Co., Ltd., the sales company and the company (as a guarantor) entered into a sales agreement on the sale. According to the sale agreement, the seller agreed to sell and the buyer agreed to buy the sale shares. The total cost was RMB 130 million, subject to the terms of the sale agreement. On the date of this announcement, the company Yiyang Jianingna International Hotel Management was sold
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Express News | 9 departments including the Ministry of Commerce: speeding up the “going global” of Chinese food
CARRIANNA: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO THE ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2023 AND DISCLOSEABLE TRANSACTIONS RELATING TO THE PROVISION OF LOANS
The “hottest in history” Spring Festival holiday is over, and many institutions are optimistic about the 2024 market trend
Many institutions at home and abroad believe that the Chinese economy will recover smoothly in 2024. As employment and income expectations improve, consumption will become the biggest engine of China's economic growth. As far as A-shares are concerned, various industries such as retail, restaurants, cinemas, and tourism are expected to be boosted.
Express News | The catering industry continues to prosper, and “fireworks” rise at an accelerated pace during the Spring Festival holiday
Restaurants were popular during the Spring Festival. The performance of listed companies improved in their annual reports last year. Will the recovery continue this year?
CITIC Construction Investment continues to be strongly optimistic about investment opportunities in the liquor, beer, snacks, and restaurant chains.
Intraday Overview | Hong Kong stocks opened high and went low, the Tech Index fell nearly 2%, Technet and Auto stocks generally fell, and Meituan fell more than 5%
Kewang stocks generally fell, with Bilibili falling more than 5%, Baidu and Tencent falling more than 2%, and NetEase, JD, and Kuaishou falling slightly; restaurant stocks had the highest declines, with Jiumaojiu falling more than 6%, Haidilao falling by more than 5%, and Xiabuxue's tea falling by about 4%.
Express News | Guojin Securities: Continuing to be optimistic about the rational prosperity of domestic tourism and catering
CICC Tourism Hotel & Restaurant 24-Year Outlook: Finding Excellent Business Models and Management Capabilities Through Cycles
CICC released a research report saying that since 2023, the recovery of the social service sub-industry has been divided, but the valuations of various sectors are already low. Looking ahead to 2024, the industry will maintain a steady recovery. It is optimistic about cost-effective brands and changes in experience-oriented consumption habits. At the same time, it is recommended to focus on investment opportunities in tracks and companies that replicate the long-term logic of expansion and refined management.
Express News | National Bureau of Statistics: Food and beverage revenue in November was 558 billion yuan, an increase of 25.8%
CARRIANNA: INTERIM REPORT 2023/2024
Jia Ningna (00126) released interim results, losses attributable to shareholders of HK$135 million narrowed 14.2% year on year
Jia Ningna (00126) announced the results for the six months ended September 30, 2023, with group revenue of 366 million Hong Kong...
CARRIANNA: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023
CARRIANNA: NOTIFICATION OF BOARD MEETING
Huatai Securities's 24-year Food and Beverage Outlook: Demand Recovery Expectations Are Steady, Focus on Three Main Lines
The Zhitong Finance App learned that Huatai Securities released a research report saying that considering the current internal and external environment, overall demand in the food and beverage sector is expected to recover steadily in '24. Combined with the current low valuation (CS Food and Drink PETTM is in the 9% quartile since 2018) and optimism about the long-term potential of domestic food and beverage consumption, the sector still has medium- to long-term allocation value.
Over 13 million visitors were received in 8 days! Reporter's investigation: Food and beverage consumption is booming, and companies are making “fancy” moves...
People take food first, and the catering industry can play an important role in meeting residents' food needs, stabilizing employment, and promoting domestic demand. Since this year, the operation of domestic catering enterprises has returned to a growth trajectory, and the performance of related enterprises has been clearly repaired, or has regained relatively rapid growth.
Intraday quick overview | Hong Kong stocks continued to rise, with the Hang Seng Index and the Science Index rising by more than 2%; technology, automobile, and telecommunications equipment stocks generally rose, and Shunyu Optics rose more than 6%
Internet technology stocks rose one after another. Bilibili rose more than 5%, Kuaishou, Tencent, and JD rose about 2%, Ali, NetEase, and Baidu rose more than 1%, and Meituan followed; auto stocks rose collectively; NIO and Zero Sports cars rose more than 5%, Xiaopeng and Geely rose nearly 3%, and BYD shares rose more than 2%.
Intraday quick review | Hong Kong stocks weakened again, and the Index fell more than 1%; restaurant stocks fell sharply, with Yum China falling nearly 13% after results, and Haidilao fell nearly 9%
Internet stocks generally weakened. Bilibili fell nearly 4%, JD, NetEase, and Meituan fell about 2%, Ali, Tencent, and Baidu fell about 1%; alcoholic beverage stocks rose, Zhenjiu Li Du, and Baidu fell by about 1%; and Budweiser Asia Pacific rose nearly 2%; some real estate and property management stocks rose, while Country Garden Services, China's overseas development, and Greentown China rose about 1%.
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