Hotpot - 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.....

The post FAST NEWS: Super Hi swings to the red on higher forex losses appeared first on Bamboo Works.

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.....

The post Super Hi boils up overseas with New York listing application appeared first on Bamboo Works.

Guoquan’s growth goes into simmer mode post-Covid

Tue, 17 Oct 2023 00:50:46 +0000

The home hotpot specialist, one of China’s leading ‘dine-at-home’ brands, has been approved for a Hong Kong IPO Key Takeaways: By Lau Chi Hang The pandemic was a challenging time for most caterers and restaurants, with the exception of companies serving the dine-at-home and delivery crowds. But now that daily life has returned to.....

The post Guoquan’s growth goes into simmer mode post-Covid appeared first on Bamboo Works.

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.....

The post Haidilao says ‘Hi’ to new budget brand appeared first on Bamboo Works.

Hotpot brand Guoquan serves up IPO with profit appetizer

Thu, 13 Apr 2023 04:13:53 +0000

The supplier of ingredients for hotpot meals has filed to list its shares in Hong Kong after posting an 80% jump in revenues and its first annual profit Key Takeaways: 　 By Emily Chan The Covid crisis ripped through parts of the Chinese economy, but it was growth opportunity for companies catering to a community.....

The post Hotpot brand Guoquan serves up IPO with profit appetizer appeared first on Bamboo Works.

Yang Guofu Tempts Investors with Spicy Hotpot IPO in Hong Kong

Tue, 15 Mar 2022 04:39:46 +0000

Sichuan-style malatang hotpot chain has grown rapidly using a franchise model, focusing on smaller cities to build up a network of 5,783 stores Key takeaways: • Leading Sichuan-style hotpot chain Yang Guofu has filed for a Hong Kong IPO, extending a recent series of restaurant listing applications • Company has expanded rapidly using a franchise.....

The post Yang Guofu Tempts Investors with Spicy Hotpot IPO in Hong Kong appeared first on Bamboo Works.

QiXinTian Serves Up Spicy Hong Kong IPO, Defying Pandemic with Major Expansion

Mon, 17 Jan 2022 08:51:48 +0000

The seafood hotpot chain has achieved remarkable revenue and profit growth despite pandemic disruptions Key takeaways: QiXinTian, China’s No. 3 hotpot restaurant chain, has filed for a Hong Kong IPO that could value it at more than $2 billion The company has doubled its restaurant count in less than two years, a move probably aimed.....

The post QiXinTian Serves Up Spicy Hong Kong IPO, Defying Pandemic with Major Expansion appeared first on Bamboo Works.