Haidilao cooks up $963m with hot Hong Kong IPO
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Haidilao cooks up $963m with hot Hong Kong IPO

Hot Pot 230x150

Chinese hotpot chain Haidilao International Holding pulled off top-end pricing for its HK$7.56bn ($963.3m) Hong Kong IPO this week, wooing institutions with its unique story. But the lukewarm response from retail investors is being viewed as a blessing in disguise for allocations — and hopefully for the stock’s aftermarket performance. Jonathan Breen reports.

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