Once a darling of financial capital, the stock of one of Singapore’s favourite hotpot restaurants, Haidilao (HKG: 6862), has taken a heavy beating. Since its peak in February 2021, the Hong Kong-listed company has seen its valuation dropped by 80% to S$15.8 billion. It even appeared in a Straits Times article in 2021 titled “Hotpot chain Haidilao is Hong Kong’s worst stock”. Now, with Singapore’s reopening and Shanghai’s two-month lockdown easing, would we see consumers return to Haidilao’s restaurants? More importantly, would the company see a reversal of fortune? Given the unique predicament Haidilao is facing, investors might wonder if this is the time to buy the dip. Haidilao Experienced A Record Loss In FY 2021 From turning a S$63.9 million pr