Daiwa cuts Haidilao target to HK$11.3, keeps Outperform rating

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  • Daiwa lowered Haidilao's target price while maintaining its Outperform rating.
  • HK$11.3 replaced the previous HK$13.2 target after 259 million shares were sold.
  • Haidilao plans faster expansion through middle-platform development and new-brand replication.
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Daiwa cuts Haidilao target to HK$11.3, keeps Outperform rating - CoinPost Terminal