Jiumaojiu sinks as consumers shun its pricey ‘sauerkraut fish’
The operator of a trendy mid-range restaurant chain is getting undermined by rising popularity of ‘poor man’s meals’ from competitors Key Takeaways: In a stunning reversal, Jiumaojiu warned it expects…
Haidilao CEO switches jobs to take charge of overseas expansion
June Yang, who is credited with steering Haidilao into profit after the pandemic, has moved to the CEO post at the hotpot chain’s international arm, Super Hi, two months after…
FAST NEWS: Super Hi swings to the red on higher forex losses
The Latest: Super Hi International Holding Ltd. (9658.HK), the international business unit of Chinese hotpot giant Haidilao (6862.HK), announced Monday that it lost $4.54 million in the first quarter of this…
Super Hi boils up overseas with New York listing application
The international arm of hotpot giant Haidilao is trying to whet U.S. investor appetites with 23% revenue growth last year and its first-ever profit Key Takeaways: Singapore-based Super Hi has…
Hot Pot Giant Haidilao to Spin Off International Business Without Raising a Penny
Chinese restaurant chain is seeking to divest its overseas arm Super Hi International Holding Ltd. via distribution-in-kind listing in Hong Kong with no fund raising involved Key Takeaways: Haidilao shareholders…
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