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2023-12-13 18:22:29 ET Summary Domino's Pizza's master franchise in China, DPC Dash, has seen a 24% increase in its stock since its IPO debut in March at the Hong Kong Stock Exchange. Capitalising on China's fast growing food delivery market, the company has seen robust growth in ...
2023-10-11 07:20:00 ET Summary The popular hotpot chain’s rollout of its lower-priced Hailao brand comes as diners cut back their spending in China’s weakening economy. Haidilao’s new Hailao budget hotpot chain got a generally positive reception during China...
2023-03-09 07:00:00 ET Summary Haidilao returned to the black last year with a 1.3 billion yuan profit, after rolling out a plan that improved its efficiency through massive restaurants closures. Recent data from catering companies like Haidilao, Jiumaojiu and Xiabuxiabu show Chin...
When restaurant chain operator Jiumaojiu International Holdings Ltd. raised funds in its January 2020 Hong Kong IPO, investors were thrilled, oversubscribing to the retail portion of the sale by nearly 200 times. At the time, rival Haidilao International Holding Ltd. was as hot as the...
Haidilao International operates over 1200 hot pot restaurants in China and 93 restaurants outside China. Revenue growth pre-pandemic was clocking over 40% per annum. The stock has fallen almost -70% and the valuation is now less than 5x revenue. Historically, the hospitality s...
The vigorous development of Haidilao's food delivery business fits people's consumption habits in the post-epidemic era. After the number of stores in first- and second-tier cities came close to saturation, Haidilao's rapid expansion in lower-tier cities looks likely to bring continuo...