BEIJING (Reuters) – Shares in Haidilao International Holding soared 16% on Monday after China’s largest hotpot chain said it expected to report a 30-fold jump in first-half profit with diners …
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haidilao
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BEIJING – China’s Haidilao, which operates a chain of hotpot restaurants, said its billionaire founder Zhang Yong has stepped down as CEO and will shift his focus to long-term strategy …
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HONG KONG – Restaurant chain Haidilao International Holding Ltd plans to sell HK$2.35 billion ($301.6 million) of new shares in a top-up placing, raising capital for repayment of credit facilities …