Chinese hotpot chain Haidilao seeks up to $700m HK IPO for global expansion

Chinese hotpot chain Haidilao seeks up to $700m HK IPO for global expansion

Visual from Haidilao website

Sichuan Haidilao Catering, one of China’s most popular hotpot chains, is planning to raise $600 million to $700 million in a Hong Kong initial public offering in a push to take the brand global, said three people with knowledge of the transaction.

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