Haidilao brings its chief ‘firefighter’ back to China to rekindle growth at home
The return of 31-year company veteran Yang Lijuan, who oversaw the hotpot chain’s global operation, may be its best hope for reviving stagnating revenues and declining profits at home Key…
BRIEF: Jiumaojiu reports same-store sales growth for its Tai Er chain in first quarter
Jiumaojiu International Holdings Ltd. (9922.HK) said on Friday that same-store sales for self-operated restaurants from its core Tai Er chain rose 6.9% in the first quarter, as a 10.9% rise…
DPC Dash gobbles up Domino’s global leader board
The master franchisee for Domino’s Pizza in China aims to open 350 new stores this year, boosting its footprint by about a quarter Key Takeaways: DPC Dash’s revenue rose 25%…
BRIEF: Store expansion lifts Green Tea Group’s profit
Restaurant operator Green Tea Group Ltd. (6831.HK) said on Tuesday it expects to report a net profit of 460 million yuan ($67 million) to 508 million yuan ($74 million) for…
Big Catering hopes investors warm to its Chinese-style pizzas
The operator of China’s third largest pizza chain has filed to list in Hong Kong, offering a compelling story of rapid expansion using an ‘all-you-can-eat’ buffet format Key Takeaways: Big…
Local chick LXJ eyes big city lights with third Hong Kong IPO bid
After aborting plans for a domestic IPO in 2022, China's largest Chinese-style fast-food chain has turned its sights to more globally focused Hong Kong Key Takeaways: LXJ has applied a…
Move over, burger joints. Yuen Kee dishes up China-flavored fast-food IPO
The country’s largest dumpling chain has filed to list in Hong Kong, though it could face a tepid reception due to lack of investor interest in consumer companies Key Takeaways:…