Hong Kong Part 2: Large Caps I actually bought - Haidilao International Holding Ltd.

Roiss' Conclusions

Substack

Haidilao (6862.HK): Hot pot chain w/ $12B mkt cap grew rev 31% & doubled profits in '23 despite only +3 stores due to higher table turnover. Trades at 15x EV/EBIT w/ 4.7% div yield. Limited growth potential w/o store expansion but high demand supports low valuation.

Automatically collect high-quality investment opinions from across the web daily

Over 50+ high-quality investment ideas await you every day

Investment insights from 15+ platforms like Substack, Seeking Alpha, X/Twitter, with AI-powered summaries, categorized by industry. Register for free to access all features.