houseoffunfreespins| Xiabu Xiabu rose by nearly 4% in the afternoon, and the new menu launched to the public has a comprehensive price reduction
Xiabu Xiabu (00520) rose by 3% in the afternoonhouseoffunfreespins.72%houseoffunfreespins, currently quoted at HK$2.23, with a turnover of HK$27.80266 million.
On May 15, Xiabu's new menu online showed that the prices of single and double packages had been comprehensively lowered. The average price of Xiabu Xiabu new menu packages dropped by more than 10%.
Caitong Securities previously pointed out that in the medium and long term, sacrificing customer unit prices in exchange for passenger flow growth and sinking market penetration will help maintain brand market share.
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