Jiumaojiu International Holdings Ltd Ordinary Shares

09922: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Jiumaojiu: Turnaround Momentum Continues at Tai Er in the Third Quarter; Shares Undervalued

Ivan Su

Oct 14, 2026

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.

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Jiumaojiu International Holdings Ltd Ordinary Shares

Jiumaojiu: Turnaround Momentum Continues at Tai Er in the Third Quarter; Shares Undervalued

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