Jiumaojiu International Holdings Ltd Ordinary Shares
09922: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| m.c | LOCK|#b | LOCK|NzPhB# |
Jiumaojiu: Tai Er Stays on Growth Path as Chains Take Share From Independents; Shares Undervalued
China's restaurant spending growth slowed to 1% in June, but Tai Er is outperforming the industry. Jiumaojiu's flagship brand continues to deliver mid- to high-single-digit same-store sales growth in mainland China.
