Hefei Department Store Stock Hits Day High with 9.99% Surge

Hefei Department Store Group Co., Ltd. has experienced a significant surge in its stock price, gaining 9.99% on May 22, 2026. The stock reached an intraday high of CNY 10.24, marking a notable performance in the retail sector. Over the past week, Hefei Department Store has shown a remarkable increase of 43.22%, significantly outperforming the China Shanghai Composite, which declined by 0.54% during the same period. In terms of longer-term performance, Hefei Department Store has demonstrated an impressive 81.24% increase over the past year, compared to the 21.68% rise in the China Shanghai Composite. Year-to-date, the stock has risen by 26.42%, again surpassing the broader market's 3.63% gain. Despite these short-term gains, the company faces challenges with declining net sales and operating profit over the past five years. The latest quarterly results indicate a drop in net sales by 16.92%, reflecting ongoing pressures in the retail environment. Hefei Department Store's current market capitalization stands at CNY 5,570 million, with a P/E ratio of 27.00 and a dividend yield of 1.54%.