China’s hotpot chain Haidilao raises $963m in Hong Kong IPO

FILE PHOTO: The entrance to one of the outlets of Sichuan Haidilao, one of China's most popular hotpot chains, in Hong Kong, China September 10, 2018. REUTERS/Bobby Yip/File Photo

Chinese hotpot chain Haidilao raised $963 million in its Hong Kong initial public offering (IPO), pricing its shares at the top of an indicated range at HK$17.80, three people close to the deal said on Tuesday.

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