Jiumaojiu International Holdings Ltd Ordinary Shares
09922: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|N! | LOCK|!$z | LOCK|rSL#m! |
Jiumaojiu: Turnaround Momentum Continues at Tai Er in the Third Quarter; Shares Undervalued
Jiumaojiu's third-quarter update showed Tai Er's same-store sales growth held largely steady at 5%. Growth then accelerated to the high teens during China's National Day holiday at the beginning of October. Jiumaojiu's other concepts remained in decline.
