haidilao - Bamboo Works - China stock insights for global investors

FAST NEWS: Super Hi swings to the red on higher forex losses

Tue, 14 May 2024 06:29:07 +0000

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 year, mainly due to a big jump in foreign exchange losses. Looking Up: The company’s revenue for the period rose 16.6% to $188 million, boosted.....

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Super Hi boils up overseas with New York listing application

Sun, 05 May 2024 20:54:16 +0000

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: By Edith Terry When Super Hi International Holding Ltd. (9658.HK) filed an IPO prospectus for a second listing in New York on April 26, its current Hong Kong-listed.....

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Guoquan Food boosts efficiency. But is that enough for growth-hungry investors?

Tue, 09 Apr 2024 23:40:29 +0000

The hotpot ingredient supplier profited on the home dining craze during the pandemic, but now it’s struggling to adapt as consumers return to more eating out Key Takeaways: By Ken Lo Investors gobbled up “stay-at-home” concept companies like Guoquan Food (Shanghai) Co. Ltd. (2517.HK), a supplier of ready-made hotpot ingredients, during the pandemic. But in the current.....

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Haidilao tastes profit success with budget hotpot chain

Wed, 28 Feb 2024 18:53:26 +0000

The Chinese restaurant sector is continuing a run of upbeat results and earnings forecasts, with hotpot giant Haidilao saying its profits surged last year Key Takeaways: 　 By A. Au As China’s dining-out industry rebounds from the depths of the pandemic, the hotpot chain Haidilao International Holdings Ltd. (6862.HK) has come to the table with.....

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Jiumaojiu takes a taste of franchising

Mon, 05 Feb 2024 05:27:31 +0000

The restaurant operator said it will test out franchising for its popular Tai Er ‘sauerkraut fish’ chain in transport hubs and Western China’s Xinjiang and Tibetan regions Key Takeaways: By Doug Young Jiumaojiu International Holdings Ltd. (9922.HK) has become the latest to hop aboard the franchising bandwagon taking China’s restaurant scene by storm, announcing.....

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Tam Jai ladles up its rice noodles overseas as its home markets slow

Mon, 20 Nov 2023 23:56:42 +0000

Hong Kong’s top rice noodle chain is looking to new markets and a wider product portfolio to keep growing in the face of China’s economic slowdown Key Takeaways: By Li Shi Ta No sooner have they bounced back from the pandemic, then Hong Kong restaurants are having to contend with a new challenge from.....

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Haidilao says ‘Hi’ to new budget brand

Wed, 11 Oct 2023 00:55:42 +0000

The popular hotpot chain’s rollout of its lower-priced Hailao brand comes as diners cut back their spending in China’s weakening economy Key Takeaways: By Edith Au Restaurants are doing whatever it takes to survive in China’s fiercely competitive dining-out industry, especially in the hotpot arena whose popularity is matched only by the huge number.....

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Hot pot dining boom helps Jiumaojiu serve up profit feast

Thu, 31 Aug 2023 01:30:00 +0000

The restaurant chain selling Chinese sauerkraut fish and hot pot dishes has rebounded from the pandemic with a nearly fourfold jump in first-half profits Key Takeaways: 　 By Fai Pui The customers are back in droves after nearly two years of dining restrictions, relishing the taste of Chinese cuisine and delivering a much-needed boost to.....

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‘Sauerkraut Fish’ king flies back from Covid, as trendy tresses show signs of fading

Thu, 27 Jul 2023 02:11:36 +0000

Jiumaojiu’s revenue jumped more than 50% in the first half of the year, as its business returned to normal and it continued its rapid expansion Key Takeaways: By Doug Young A new upside profit alert from Jiumaojiu International Holdings Ltd. (9922.HK) continues a recent trend among Chinese restaurants that are bouncing back strongly.....

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Xiabuxiabu serves up bold expansion plan for post-Covid comeback

Wed, 15 Mar 2023 04:17:27 +0000

The Taiwanese-style hotpot chain was still mired in losses last year, but its revenues are picking up as China’s economy recovers Key Takeaways: 　 By Tina Yip If any investors were hoping that a juicy profit was already on the menu for embattled hotpot chain Xiabuxiabu Catering Management (China) Holdings Co. Ltd. (0520.HK), they were.....

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CHINA BULLETIN: Regulatory overhaul takes center stage at ‘Two Sessions’

Sun, 12 Mar 2023 12:45:12 +0000

In this week’s issue two regulators get major makeovers, Hong Kong’s stock connect program gets a big boost, and leading hotpot chain Haidilao emerges as a comeback kid. On a scale of 1 to 10, we give the week a 3.5 for offshore-listed China stocks.

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Haidilao cooks up profits with store-slimming ‘woodpecker plan’

Thu, 09 Mar 2023 04:29:08 +0000

China’s top hotpot chain returned to profitability last year by shuttering underperforming stores, reversing an earlier expansion that was overly aggressive Key Takeaways: 　 By Fai Pui Last year was an appetite-killer for Chinese restaurant operators, as many struggled under the country’s tight anti-Covid policies that often forced them to close or reduce service for.....

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