餐饮业

Chinese hotpot chain steams ahead in HK debut

Chinese restaurant group Haidilao Hotpot hit a rolling boil on its trading debut in Hong Kong on Wednesday.

The company, which had priced shares at the top end of its target range at HK$17.80 ($2.28) each to raise $963m, jumped as much as 10.3 per cent in early trading.

Haidilao  claims to be the fastest-growing major Chinese cuisine brand globally. It owns 332 restaurants in China and has outlets in Singapore, South Korea, Japan and the US.

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