Haidilao stock: Haidilao enters RMB 100 million loan. Citi sets HKD 15.50 target for Haidilao stock

Published on 10/23/2026 at 00:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Haidilao disclosed a RMB 100 million connected loan on October 13, 2026. Haidilao stock has a HKD 15.50 target.

Corporate actions and growth

Haidilao entered a RMB 100 million connected loan on October 13, 2026.
First-half 2026 revenue rose 7.9 percent to RMB 22.337 billion.
Citi maintained a HKD 15.50 price target on October 13, 2026.

Haidilao, KYG4290A1013, Illustration mit AI erstellt.

Haidilao International Holding (ISIN KYG4290A1013) entered a short-term connected loan agreement worth up to the HKD equivalent of RMB 100 million with its controlling shareholder on October 13, 2026, according to The Globe and Mail. The agreement adds a governance detail to the hotpot chain's latest growth story, while Citi maintained a HKD 15.50 price target for the stock on October 13, 2026, as reported by Markets Insider.

Growth is shifting beyond restaurants

Haidilao's first-half 2026 revenue reached RMB 22.337 billion, up 7.9 percent year over year, while core operating profit increased 4.4 percent to RMB 2.513 billion. The figures cover the six months ended June 30, 2026, and were reported by iMedia.

The sharper contrast sits in delivery. First-half delivery revenue rose 121.2 percent year over year to RMB 2.051 billion, lifting its share of group revenue from 4.5 percent to 9.2 percent. Revenue from other restaurants increased 113.1 percent to RMB 1.271 billion, giving the company a broader growth mix than its core restaurant operations.

What does the loan mean for scrutiny?

The connected transaction provides up to RMB 100 million for the controlling shareholder's personal financial arrangements for one month at one-month HIBOR plus 60 basis points. The agreement is unsecured, subject to usage monitoring and classified as a connected transaction under Hong Kong listing rules, according to The Globe and Mail.

Three dated Haidilao milestones

On August 25, 2026, Haidilao released interim results showing RMB 22.337 billion in revenue. On October 13, 2026, Citi maintained its HKD 15.50 target. On October 13, 2026, Haidilao entered the RMB 100 million connected loan agreement.

Two dates frame the story

The key dated milestones are August 25, 2026, for the interim results, and October 13, 2026, for the connected transaction and Citi's target update. The interim report also proposed an HKD 0.377 dividend per share for the first half of 2026.

Stock valuation remains market-sensitive

Haidilao's market capitalization was HKD 49.4 billion on October 22, 2026, while its HKEX share price stood within a 52-week range of HKD 8.93 to HKD 17.86. On the same date, the stock was last at HKD 9.12 at 4:08 p.m. HKT on HKEX. The further course of trading is shown by the continuously updated real-time quote of Haidilao stock.