Is this pot good for hot pot?

Yes. The wide 38 cm opening and shallow 6.5 cm depth are built for shared hot pot, letting several people cook and reach in at once. It also works for noodle soups and seafood boils.

Does it come with a lid?

No. The pot is sold without a lid, so covered simmering and steam retention are not part of the package. You would need a separate lid that fits a 38 cm pot.

What is 201 stainless steel like compared with 304?

201 is a lower-grade stainless steel than 304. It is durable and resists rust, but it holds up less well to acidic foods and long exposure to moisture, so dry it promptly after washing.

How big is it and how much does it weigh?

It measures about 38 cm across and 6.5 cm deep and weighs roughly 0.69 kg. That makes it light to lift and easy to move from stove to table.

Can I use it on an induction cooktop?

The pot is stainless steel, but the listing does not state induction compatibility. Check the base before buying if you cook on induction.

Is it deep enough for stocks and large batches?

No. At 6.5 cm deep it is a shallow serving pot, not a deep stockpot. For stocks, big batches of soup or boiling pasta, a deeper lidded pot is the better tool.