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…
Tsui Wah goes to college as consumers dine out less
The restaurant operator is looking for new business on university campuses amid persistent weakness in its two main markets in Hong Kong and Mainland China Key Takeaways: Tsui Wah’s revenue…
Café de Coral slumps as dark clouds hover over restaurant industry
Hong Kong’s leading fast-food operator and rival Fairwood have both issued profit warnings this month as growing consumer caution takes a bite from their business Key Takeaways: Café de Coral…
BRIEF: TH International revenue falls as same-store sales plunge
TH International Ltd. (THCH.US), operator of the Tim Hortons restaurant chain in China, said on Tuesday its revenue fell 17.1% year-on-year to 360 million yuan ($50 million) in the third…
NEWS WRAP: Yum China boosts returns to shareholders on strong quarterly results
The operator of KFC and Pizza Hut restaurants in China announced it was expanding its cash allocation for share buybacks and dividend payments between 2024 and 2026 By Doug…
DPC Dash finds savory growth in China’s underserved markets
The exclusive master franchisee for Domino’s Pizza in China’s revenue grew 48% in the first half of the year, as it continued to post market-defying positive same-store sales growth Key…