Domestic demand stocks generally continued to fall today, with heavy selling pressure on restaurant stocks.

YUM CHINA (09987.HK)  +5.600 (+1.534%)    Short selling $32.13M; Ratio 20.549%   only earned 18% more in the last quarter, which was weaker than Morgan Stanley forecast. The stock sunk below 10MA ($404.5) today, suffering from selling pressure and once reached the near one-year low of $346. It is now trading at $355.2, crashing 13%, with turnover increased to $420 million.

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Blue chip HAIDILAO (06862.HK)  +0.060 (+0.393%)    Short selling $65.24M; Ratio 28.661%   bought Japan hotel business from SUPER HI (09658.HK)  -0.280 (-2.147%)    Short selling $821.28K; Ratio 7.107%   , and HAIDILAO plunged 13% to $17 today, hitting a low of more than 3.5 months, with volume surging to 38.56 million shares. Jefferies commented that HAIDILAO's acquisition of Japanese hotels has nothing to do with its hotpot business, which may distract attention from its core business.

JIUMAOJIU (09922.HK)  -0.030 (-0.898%)    Short selling $8.54M; Ratio 17.226%   declined for three consecutive trading days and once descended to $7.91, a low of over 3.5 years. It is now trading at $8.03, falling 5.5%. MEITUAN-W (03690.HK)  +0.300 (+0.177%)    Short selling $1.13B; Ratio 25.125%   , XIABUXIABU (00520.HK)  +0.020 (+2.020%)   and HELENS (09869.HK)  -0.050 (-1.852%)    Short selling $3.11M; Ratio 5.874%   retreated more than 1.5%-2.5%.

(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-15 16:25.)

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