NEWS WRAP: Green Tea Group slumps on Hong Kong trading debut
The restaurant operator’s shares fell 5.6% in their first half-day of trade, as investors worried about weak consumer sentiment in China By Doug Young Shares of restaurant operator Green…
JD.com seeks place at China’s massive takeout dining table
The e-commerce giant is working with major chains and ‘high-quality’ restaurants as it prepares to challenge the duopoly of Meituan and Ele.me Key Takeaways: JD.com has signaled it’s preparing to…
Xiaocaiyuan sets the table for Hong Kong IPO. But is the timing right?
China’s largest “cheap eats” restaurant chain was cleared by the Hong Kong Stock Exchange to make its IPO after its third filing this year Key Takeaways: Xiaocaiyuan has passed the…
Super Hi’s new chief chef brings China hotpots to the world
The global arm of hotpot giant Haidilao posted double-digit revenue growth and its second quarterly profit in the three months to September under new CEO Yang Lijuan Key Takeaways: Super…
Tsui Wah goes to college as consumers dine out less
The restaurant operator is looking for new business on university campuses amid persistent weakness in its two main markets in Hong Kong and Mainland China Key Takeaways: Tsui Wah’s revenue…
Café de Coral slumps as dark clouds hover over restaurant industry
Hong Kong’s leading fast-food operator and rival Fairwood have both issued profit warnings this month as growing consumer caution takes a bite from their business Key Takeaways: Café de Coral…
Pizza Hut delivers growing slice of Yum China’s pie
China’s largest pizza chain opened its 3,000th store in the city of Qinghuangdao, marking a major milestone after a recent overhaul Key Takeaways: Pizza Hut has opened its 3,000th mainland…
