The analyst rating for Haidilao is based on the expectation that the Chinese government will eliminate unreasonable restrictions on consumption and boost service consumption, particularly benefiting leisure dining enterprises. The broker anticipates that some anti-extravagance measures will be unwound by 2026, which would favor casual-dining players like Haidilao over quick-service restaurants. Additionally, the broker has initiated a 30-Day Positive Catalyst Watch on Haidilao, setting a target price of HK$18.5 and assigning a Buy rating, reflecting a more optimistic outlook for the company in the context of the broader Chinese dining sector.
