China day trippers pull the tray from beneath Cafe de Coral
The popular Hong Kong fast food chain’s revenue, profit and gross margin all fell in its latest fiscal year, as it suffers from fundamental shifts in its home market Key…
Banu ladles up new hotpot choice for Hong Kong investors
The restaurant chain’s IPO application reveals a complex mix of market trends in the first quarter, including a big rise in customer numbers but lower spending per customer Key Takeaways:…
BRIEF: Shanghai XNG raises $1 million in discounted share placement
Shanghai-based restaurant operator Shanghai XNG Holdings Ltd. (3666.HK) on Monday announced a placement of nearly 443 million shares for HK$0.02 per share, representing a 16.7% discount to its last closing…
Xiao Noodles serves up IPO plan to take its tangy taste global
The restaurant company wants to keep expanding its network of spicy Chongqing noodle shops, but price cuts may be eating into profits Key Takeaways: The noodle chain more than doubled…
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,…
