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…
FAST NEWS: Jiumaojiu forecasts eightfold profit jump
The latest: Restaurant operator Jiumaojiu International Holdings Ltd. (9922.HK) announced Thursday that it expects to report its net profit rose more than 800% to 450 million yuan ($62.5 million) or higher last year.…
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…
Xiaocaiyuan wants bigger slice of Chinese cuisine market
The ambitious restaurant chain with roots in Anhui province has filed for a Hong Kong IPO to fund its expansion plans, hoping to tempt investors with its strong revenue growth…
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…
Fishy loan undercuts Jiumaojiu’s corporate governance image
The operator of a trendy restaurant chain disclosed it made an $11.2 million loan to its founder in January without informing the board or shareholders Key Takeaways: Jiumaojiu said it…
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