Haidilao recently dropped 1.34%😅. The price of HKD 13.95 is honestly not high, with a market cap still over 70 billion. The competition in its main business, hot pot, is really intense, and its overseas expansion has been making a lot of noise in the past two years. The trading volume of HKD 125 million is actually not small… but the turnover rate is only 0.16%, and community interest seems quite low? Institutional holdings show significant divergence, and dividends are less enthusiastic than last year. Historical growth comparisons are quite remarkable, but now everyone is both loving and fearing it… Even blue chips aren’t always a sure win.