HAIDILAO (06862.HK) +0.180 (+1.208%) Short selling $34.72M; Ratio 15.359% announced yesterday (23rd) that Yang Lijuan resigned as executive director and CEO, and Gou Yiqun was appointed as executive director and CEO, effective 1 July. It was reported that Yang Lijuan will join SUPER HI (09658.HK) +0.220 (+1.427%) Short selling $1.01M; Ratio 18.872% after leaving HAIDILAO.Daiwa believed that the hasty change of Haidilao's CEO will catch investors off guard and may affect its stock price performance in the short term. However, the broker believed that Gou's expertise and experience in supply chains and digitalization is well-aligned with Haidilao’s current development stage.Related NewsGuosen Securities Reviews Recent Southbound Stock Connect Holdings in Tea Beverage Stocks: MIXUE GROUP/ GUMING/ CHABAIDAO See IncreasesRecent rumors about the health of Haidilao's chairman and his successor caused the company’s stock price to come under pressure last week. The broker viewed that the relevant rumors are groundless and estimated that Haidilao's short-term stock price fluctuations will persist. Taking into account the above factors, Daiwa believed that Haidilao's fundamentals are intact or present a better entry point. The target price was maintained at $20 and the Buy rating was reiterated.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-02 16:25.)