Jiumaojiu ladles up hotpot investment to boost overseas expansion
The restaurant operator will pay $43 million for new and existing shares of Big Way Group, boosting its stake to 49% of the North American hotpot chain Key Takeaways: Jiumaojiu’s…
Banu cooks up strong growth with cheaper eats, 24-hour stores
The premium hotpot chain has updated its Hong Kong IPO application, but could face headwinds due to recent investor preference for more cutting-edge companies Key Takeaways: Banu has filed an…
Banu ladles up new hotpot choice for Hong Kong investors
The restaurant chain’s IPO application reveals a complex mix of market trends in the first quarter, including a big rise in customer numbers but lower spending per customer Key Takeaways:…
NEWS WRAP: Green Tea Group slumps on Hong Kong trading debut
The restaurant operator’s shares fell 5.6% in their first half-day of trade, as investors worried about weak consumer sentiment in China By Doug Young Shares of restaurant operator Green…
Xiabuxiabu gets chilled by China’s weak economy
The personal hotpot restaurant chain warned its revenue fell and its losses grew last year as increasingly cautious Chinese consumers cut back their spending Key Takeaways: Xiabuxiabu said it expects…
An ‘Old Hen’-turned-chic chick flocks to Hong Kong for IPO
Chicken restaurant operator LXJ International is banking on its long history and homey image as it ramps up a franchise model to boost its business Key Takeaways: LXJ International has…
Xiaocaiyuan sets the table for Hong Kong IPO. But is the timing right?
China’s largest “cheap eats” restaurant chain was cleared by the Hong Kong Stock Exchange to make its IPO after its third filing this year Key Takeaways: Xiaocaiyuan has passed the…
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