HAIDILAO (06862.HK) -0.110 (-0.870%) Short selling $75.01M; Ratio 26.512% Chairman splashed HKD150 million to increase holdings in the company by 11.35 million shares, but the stock price turned south this morning (26th) after opening 0.62% higher, hitting an intraday trough of HKD12.5. It was last at HKD12.61, down 2.4%, marking three consecutive trading days of losing streak, with 12.739 million shares traded, involving HKD161 million.Citi said in a report that HAIDILAO founder, CEO and controlling shareholder Zhang Yong purchased about 11.35 million shares on the open market with personal funds on May 21-22, involving approximately HKD152 million at an average price of HKD13.39. The latest increase has easily met the minimum share purchase commitment he announced on April 10. Related News SUPER HI (09658.HK) 1Q26 NP Falls 65.7% YoY to USD4.089 million on FX VolatilityCiti noted that Zhang stated in the announcement that he does not rule out the possibility of further increasing his stake at an appropriate time, and that he is confident in the company's overall development prospects and potential growth.The broker expected Zhang to continue reallocating talent and resources within the HAIDILAO ecosystem to restore growth in 2026. The broker maintained its Buy rating on HAIDILAO with a TP of HKD19.3.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-27 16:25.)
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