Hot pot companies are losing steam as China consumers wilt
Chinese hot pot meals are social events with diners sharing a steaming pot of soup. These restaurants were understandably hit hard during
Haidilao International Holding Ltd., an investment holding company, engages in the restaurant operation and delivery businesses. The company through operates through Restaurant Operation, Delivery Business, and Sales of Condiment Products and Food Ingredients segments. It also operates a Haidilao branded Chinese cuisine restaurant that offers hot pot cuisine. In addition, the company is involved in the technology; hotel operation; property investment management and consulting; and trading businesses. It owns and operates restaurants in Mainland China, Hong Kong, Macau, and Taiwan. The company was founded in 1994 and is headquartered in Beijing, the People's Republic of China.
1.84 | |
1.84 | |
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1.84 | |
1.84 | |
0.6356-2.36 | |
10 756 M | |
18.4 | |
5 415 M | |
44 058 M | |
0.0818 | |
0.528 |
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Chinese hot pot meals are social events with diners sharing a steaming pot of soup. These restaurants were understandably hit hard during
(Bloomberg) -- Chinese consumers are cutting back on dining out, dealing a heavy blow to related shares as investors grow weary over the once-strong sector and its impact on the domestic economy. Mos...
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