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CFDs come with a high risk of losing money rapidly due to leverage. 71% of accounts lose money when trading CFDs with this provider. You should understand how CFDs work and consider if you can take the risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

71% of retail investor accounts lose money when trading CFDs with this provider.

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Haidilao Stocks

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About

History

Competitors

About

History

Competitors

Haidilao International Holding LTD (HK6862) is a prominent hot pot restaurant chain based in China. It is renowned as the largest hot pot chain in the country and has successfully expanded its operations overseas. Founded in 1994 by Zhang Yong and Shu Ping started as a small restaurant in Jianyang, Sichuan Province.

Due to its exceptional customer service and high-quality ingredients, it quickly gained popularity and expanded its presence across China. In 2018, the company went public and became listed on the Hong Kong Stock Exchange under the ticker symbol HK6862. As of 12th July 2023, its market capitalization stands at 96.99 billion HKD, reflecting its strong position in the market.

Haidilao has gone through notable fluctuations in its share price since its launch. Over the past five years, the stock reached its highest point in February 2021, with a peak price of 85.80 HKD. Conversely, it experienced a significant drop in March 2022, hitting a low of 9.62 HKD.

When trading this stock or any other stock, traders often employ various strategies and tools to make informed decisions. Some common approaches include fundamental analysis, which assesses the company's financial health, competitive position, and industry trends, and technical analysis, which involves analyzing historical price patterns and using indicators like moving averages, Fibonacci Retracements, or Ichimoku Cloud to identify potential entry or exit points. Traders may also consider using stop-loss orders to limit potential losses or trailing stop orders to protect profits.

However, it's important to note that market conditions could change rapidly, and past performance may not necessarily indicate future performance.

Before you start trading Haidilao International Holding LTD stock, it's crucial to consider its key competitors in the global restaurant industry. Yum Brands Inc. (YUM.US), the parent company of KFC, Pizza Hut, and Taco Bell, is a major player with a significant international presence. Chipotle Mexican Grill (CMG.US) is another potential competitor, known for its fast-casual dining and strong growth in recent years.

Lastly, McDonald's Corporation (MCD.US), a global fast-food giant, could also impact Haidilao's market position due to its massive scale and brand recognition. These companies have different business models and target markets, but their performance may give valuable insights into the industry trends and help inform your trading decisions when considering trading this stock.

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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

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Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.

CFDs
Equities
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Capitalise on rising prices (go long)

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Capitalise on falling prices (go short)

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Trade with leverage
Hold larger positions than the cash you have at your disposal

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Trade on volatility
No need to own the asset

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No commissions
Just low spreads

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Manage risk with in-platform tools
Ability to set take profit and stop loss levels

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