[ET Net News Agency, 12 January 2022] Macquarie lowered its target price for Haidilao
(06862) to HK$13.4 from HK$18 and maintained its "underperform" rating.
The research house said it now expects FY21 to dip into loss of RMB30m (vs. net profit
of RMB346m previously) and lowers FY22 earnings by 62.3% to reflect near-term earnings
impact from Covid variant new waves and prolonged transition. (RC)