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…
Super Hi’s new chief chef brings China hotpots to the world
The global arm of hotpot giant Haidilao posted double-digit revenue growth and its second quarterly profit in the three months to September under new CEO Yang Lijuan Key Takeaways: Super…
Can Haidilao learn from a busboy-turned-bubble tea magnate?
The regrouping former hotpot highflyer has named a 30-year-old premium tea sensation to its board, after reporting its profit fell in the first half of the year Key Takeaways: Haidilao…
Jiumaojiu sinks as consumers shun its pricey ‘sauerkraut fish’
The operator of a trendy mid-range restaurant chain is getting undermined by rising popularity of ‘poor man’s meals’ from competitors Key Takeaways: In a stunning reversal, Jiumaojiu warned it expects…
PODCAST: A Shunned Shein, and Haidilao’s Global Expansion
After getting rejected in the U.S. and hitting headwinds in London, fast fashion sensation Shein may be taking its mega-IPO to Hong Kong. But will investors buy into its profitable but controversial story? And hotpot chain Haidilao steps up its global expansion with spinoffs and separate listings for its Super Hi brand. Will this become China's first overseas restaurant success story?
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