DPC Dash serves up banner 2024 topped with milestones
The operator of Domino’s Pizza restaurants in China said its revenue rose 41% last year, as it announced plans to accelerate its new store openings in 2025 Key Takeaways: DPC…
BRIEF: Green Tea Group secures CSRC approval for Hong Kong IPO
Restaurant operator Green Tea Group Ltd. received an approval notice from the China Securities Regulatory Commission (CSRC) last Friday for its plan to list in Hong Kong — a necessary…
Can a stale Ajisen float back to the top of China’s noodle pot?
The once-dominant ramen house’s business has slumped on a mix of intensifying competition and lower consumer spending Key Takeaways: Ajisen said it lost up to 40 million yuan in 2024,…
BRIEF: Jiumaojiu profit plunges on intensifying competition
Restaurant operator Jiumaojiu International Holdings Ltd. (9922.HK) said on Monday it expects to report its profit tumbled 89% in 2024 to 50 million yuan ($688.7 million) or more, from 454…
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…