Jiumaojiu International Holdings Ltd., Executive director & CFO Li Zhuoguang (L) and Chairman of the Board, CEO Guan Yihong (R), meet the press during its IPO announcement in Admiralty on December 29, 2019. Photo: May Tse Jiumaojiu International Holdings Ltd., Executive director & CFO Li Zhuoguang (L) and Chairman of the Board, CEO Guan Yihong (R), meet the press during its IPO announcement in Admiralty on December 29, 2019. Photo: May Tse
Jiumaojiu International Holdings Ltd., Executive director & CFO Li Zhuoguang (L) and Chairman of the Board, CEO Guan Yihong (R), meet the press during its IPO announcement in Admiralty on December 29, 2019. Photo: May Tse
IPO
Business

Chinese restaurant chain Jiumaojiu unveils IPO, sets to be first of 2020 listings in Hong Kong

  • Jiumaojiu restaurant group is seeking to raise HK$2.2 billion to fund expansion plan and repay older debt
  • Guangzhou-based chain is set to be the first of new stock listings in 2020, adding to a bumper year for Hong Kong

Topic |   IPO
Sandy Li
Sandy Li

Updated: 8:13pm, 29 Dec, 2019

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Jiumaojiu International Holdings Ltd., Executive director & CFO Li Zhuoguang (L) and Chairman of the Board, CEO Guan Yihong (R), meet the press during its IPO announcement in Admiralty on December 29, 2019. Photo: May Tse Jiumaojiu International Holdings Ltd., Executive director & CFO Li Zhuoguang (L) and Chairman of the Board, CEO Guan Yihong (R), meet the press during its IPO announcement in Admiralty on December 29, 2019. Photo: May Tse
Jiumaojiu International Holdings Ltd., Executive director & CFO Li Zhuoguang (L) and Chairman of the Board, CEO Guan Yihong (R), meet the press during its IPO announcement in Admiralty on December 29, 2019. Photo: May Tse
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