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’s growth goes into simmer mode post-Covid
The home hotpot specialist, one of China’s leading ‘dine-at-home’ brands, has been approved for a Hong Kong IPO Key Takeaways: Guoquan Food returned to the black in the first four…
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…
Hotpot brand Guoquan serves up IPO with profit appetizer
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:…
Yang Guofu Tempts Investors with Spicy Hotpot IPO in Hong Kong
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…
QiXinTian Serves Up Spicy Hong Kong IPO, Defying Pandemic with Major Expansion
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…
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