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…
Guoquan Food boosts efficiency. But is that enough for growth-hungry investors?
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: Guoquan Food's…
Haidilao tastes profit success with budget hotpot chain
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: Haidilao predicted its net…
Jiumaojiu takes a taste of franchising
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: Jiumaojiu…
Tam Jai ladles up its rice noodles overseas as its home markets slow
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: Tam Jai…
Haidilao says ‘Hi’ to new budget brand
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: Haidilao’s new Hailao budget hotpot chain got…
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