Haidilao said it earned a net profit of 647 million yuan in the first half of the year. Photo: Bloomberg

Chinese hotpot giant Haidilao starts book building for Hong Kong IPO as it seeks up to US$1 billion

But interest for IPOs is declining amid a volatile stock market; the biggest listings in the past 12 months are all trading below offer prices

Topic |   IPO

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Haidilao said it earned a net profit of 647 million yuan in the first half of the year. Photo: Bloomberg
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