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…
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…