(Bloomberg) -- Super Hi International Holding Ltd., the international operator of China’s popular hot-pot chain Haidilao, is planning to boost its...
-- Super Hi International Holding Ltd. , the international operator of China’s popular hot-pot chain Haidilao, is planning to boost its international footprint following a listing in the US that’s been well-received.Tesla Shareholder Group Slams Elon Musk’s $56 Billion Pay PackageThe 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.
Earlier this month, shares of Zeekr Intelligent Technology Holding Ltd., the high-end electric car brand under Zhejiang Geely Holding Group Co., debuted in New York after an IPO that raised $441 million, the biggest US listing by a China-based company since 2021. Shares are up 29%.Still, mid-to-large offerings by Chinese firms in the US remain scarce. Of 30 Chinese companies that listed in the US since 2023, only five raised more than $50 million.
“Haidilao brand is one of the pioneers among China restaurant brands exploring overseas markets and it has a proven track record with both earnings improvement and network expansion,” she said. “The company could gain operating leverage and expand its profit margin.”Seeking a reliable income stream for your TFSA? Consider this sustainable high-yielding dividend payer.
Super Hi International Holding Ltd. American Depositary Shares Chinese Firms Zeekr Intelligent Technology Holding Ltd.
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