Jiumaojiu chairman Guan Yihong (left) and his wife Yang Sanyin strike the ceremonial gong to mark the company’s trading debut on the Hong Kong stock exchange on Wednesday. Photo: Jonathan Wong

Chinese restaurant chain Jiumaojiu jumps 56 per cent on Hong Kong debut after completing biggest IPO of new year

  • Company raises HK$2.08 billion (US$267.4 million) after pricing its shares at the top end of the indicative range
  • Other two debutants, Beijing Enterprises and CTR Holdings, had mixed performance
Topic |   IPO

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Jiumaojiu chairman Guan Yihong (left) and his wife Yang Sanyin strike the ceremonial gong to mark the company’s trading debut on the Hong Kong stock exchange on Wednesday. Photo: Jonathan Wong
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Enoch Yiu

Enoch Yiu

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.