Restructuring hits Want Want’s bottom line, as top line ekes out growth
The veteran food giant’s revenue began expanding again in its latest fiscal year, but channel reconstruction, new product promotions and rising costs depressed its profit Key Takeaways: Want Want's revenue…
BRIEF: Liuliumei launches $64 million Hong Kong IPO
Plum-based snack producer Liuliumei Co. Ltd. (6658.HK) launched its Hong Kong IPO on Friday, aiming to sells 11.46 million shares for HK$43.58 apiece to raise about HK$500 million ($64.1million). Subscriptions,…
‘Plum king’ sweetens fourth IPO bid with new products, price cuts
Anhui-based Liuliumei has changed its name for its latest attempt to list in Hong Kong, but will investors find its fruit snack business any tastier? Key Takeaways: With revenue up…
BRIEF: Zhou Hei Ya profit jumps as raw material costs fall
Braised snack chain Zhou Hei Ya International Holdings Co. Ltd. (1458.HK) saidonWednesday that it expects to report its revenue last year reached between 2.52 billion yuan ($365 million) and 2.55…
BRIEF: Busy Ming buzzes up in Hong Kong trading debut
Shares of snack retailer Busy Ming Group Co. Ltd. (1768.HK) opened up 88% at HK$445 on Wednesday in their Hong Kong trading debut, and held on to most of the gains…
BRIEF: Busy Ming launches $248 million Hong Kong IPO
Snack retailer Busy Ming Group Co. Ltd. (1768.HK) launched its Hong Kong IPO on Tuesday, aiming to sell 14.1 million shares for HK$236.60 apiece to raise HK$3.34 billion ($428 million).…
BRIEF: Busy Ming Hong Kong IPO gets CSRC nod
Snack shop operator Busy Ming Group Co. Ltd.’s Hong Kong IPO has been cleared by the Chinese stock regulator, as the China Securities Regulatory Commission (CSRC) posted a registration notice …
