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 WongJiumaojiu 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
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
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 WongJiumaojiu 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
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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