Based on chart, Cup and Handle Pattern has been forming.
Business Summary:
Haidilao
is one of the leading global and fast-growing Chinese cuisine restaurant brands
focusing on hot pot cuisine. Haidilao serves more than 100 million guests a
year, with its global restaurant network growing from 112 in 2015 to 273 in
2017. There are more than 300 Haidilao restaurants around the world, with 296
in the People’s Republic of China, 24 in Taiwan and Hong Kong, with the rest in
Singapore, Japan, South Korea and USA. It is worth mentioning that there are a
total of 8 Haidilao restaurants in Singapore – nearly a third of Haidilao
restaurants located outside of China, Taiwan and Hong Kong.
On
Mon, Sep 24, 2018 at 12:41 PM, wrote:
Phillip Securities is the first broking house in Singapore and Hong Kong to
offer customers the Pre-IPO trading channel. The Hong Kong Pre-IPO trading market is a channel provided by Phillip
Securities for customers to trade Hong Kong shares one day before their
official listing in the Hong Kong Exchange.
Today is Haidilao International Holding LTD (6862.hk) Pre-IPO trading day from
4.15pm-6.30pm. Haidilao ’s IPO
is priced near the top range at HK$ 17.8, raising approximately HK$7.56 billion
(US$963 million). Actual listing on HK exchange is on Wednesday as Tuesday is
HK public holiday.
Haidilao International Holding Ltd is a China-based company principally engaged in the restaurant operation business. The Company is mainly engaged in the operation of hotpot chain restaurants under the brand of Haidilao. The Company is also involved in the takeaway business, as well as the sales of condiments and ingredients. The Company operates its businesses mainly in the domestic market.
Hong Kong Pre-IPO
Hong Kong Pre-IPO: Haidilao International Holding LTD
(6862.hk)
Trading day for HK Pre-IPO market: 24 Sep 2018 Today
(Monday)
Trading hours for HK Pre-IPO market: 4.15pm-6.30
Actual IPO listing: Wednesday
as Tuesday is HK public holiday