Intentar ORO - Gratis
Haidilao eyes global growth after positive US debut
The Straits Times
|May 23, 2024
Super Hi International Holding, the international operator of China's popular hot-pot chain Haidilao, is planning to boost its international footprint following a listing in the United States that has been well received.
-
The company's American depositary shares are up 7.4 per cent after three sessions in New York, versus a 3.5 per cent drop during the same period of an index tracking Chinese shares listed on the Nasdaq.
Some 70 per cent of net proceeds from the US$53 million (S$71.4 million) initial public offering (IPO) will be tagged to strengthen the company's brand and expand its network globally, according to the prospectus. The listing in the US gives Super Hi access to a deeper pool of investors, improves liquidity and makes it easier to raise funds abroad in the future.
Esta historia es de la edición May 23, 2024 de The Straits Times.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The Straits Times
The Straits Times
5 free (or almost free) non-negotiable habits for a longer and healthier life
I used to think statins were for ‘old people.’ Then my cholesterol hit 271 — and reality hit even harder.
8 mins
November 04, 2025
The Straits Times
Depressed youth set fire to pop-up booths at VivoCity and HarbourFront Centre
Several pop-up booths at VivoCity and HarbourFront malls went up in flames after a depressed teenager set their merchandise and equipment ablaze, causing over $27,000 in damage.
2 mins
November 04, 2025
The Straits Times
S’pore charity to focus on long-term recovery and rebuilding in Gaza
Singapore charity Rahmatan Lil Alamin Foundation (RLAF) is focusing on long-term recovery and rebuilding efforts in Gaza, with new projects aimed at supporting healthcare and education.
2 mins
November 04, 2025
The Straits Times
Malaysian rapper Namewee faces drug charges after October arrest
Malaysian rapper Namewee has been charged with two drug-related offences following his arrest in October.
1 mins
November 04, 2025
The Straits Times
Anti-terror drills boost community bonds, more should join: Sim Ann
Over 80 Exercise Heartbeat participants respond to 'terror attack' in Clarke Quay
3 mins
November 04, 2025
The Straits Times
Layoffs. Stronger measures needed to deter errant employers
I am concerned by the sudden closure of Twelve Cupcakes, executed without sufficient notice to its employees, and which has affected their livelihood and mental well-being.
1 min
November 04, 2025
The Straits Times
Trump's revival of idea of US-China G-2 raises eyebrows
News analysis
5 mins
November 04, 2025
The Straits Times
Man charged with 10 counts of attempted murder after knife attack on British train
British prosecutors on Nov 3 charged a 32-year-old man with 10 counts of attempted murder following a mass stabbing on a London-bound train that left multiple passengers injured on Nov 1, including a train worker critically wounded but now stable.
1 mins
November 04, 2025
The Straits Times
Vivian Balakrishnan on working visit to Middle East
Foreign Minister Vivian Balakrishnan will visit the Palestinian Territories and Israel from Nov 3 to 6.
2 mins
November 04, 2025
The Straits Times
20 years' jail for man who raped step-granddaughter
69-year-old sexually assaulted the victim at home when she was nine to 10 years old
2 mins
November 04, 2025
Listen
Translate
Change font size