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?
Haidilao tastes profit success with budget hotpot chain
The Chinese restaurant sector is continuing a run of upbeat results and earnings forecasts, with hotpot giant Haidilao saying its profits surged last year Key Takeaways: Haidilao predicted its net…
FAST NEWS: Xiabuxiabu returns to profits as customer traffic surges
The latest: Hotpot chain group Xiabuxiabu Catering Management (China) Holdings Co. Ltd. (0520.HK) said Monday it expects a net profit of no less than 2 million yuan ($280,000) in the first…
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