Caixin
May 22, 2024 02:49 PM
BUSINESS

Chinese Hot-Pot Chain Eyes Global Growth After Positive U.S. Debut

00:00
00:00/00:00
Listen to this article 1x
A Haidilao hot-pot restaurant in Shanghai. Photo: Bloomberg
A Haidilao hot-pot restaurant in Shanghai. Photo: Bloomberg

(Bloomberg) — Super Hi International Holding Ltd., the international operator of China’s popular hot-pot chain Haidilao, is planning to boost its global footprint following a listing in the U.S. that’s been well-received.

The company’s American depositary shares, which represent 10 ordinary shares trading in Hong Kong, are up 7.4% after three sessions in New York, versus a 3.5% drop during the same period of an index tracking Chinese shares listed on the Nasdaq.

loadingImg
You've accessed an article available only to subscribers
VIEW OPTIONS

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.

Share this article
Open WeChat and scan the QR code