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Hong Kong IPO pipeline grows as Chinese restaurant chain Xiaocaiyuan files listing application

Xiaocaiyuan operates more than 500 restaurants across China. The chain’s profit rose to 429 million yuan (US$60 million) in the first nine months of last year, compared with 207 million yuan a year earlier. ....

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Hong Kong IPO pipeline grows as Chinese restaurant chain files application

Xiaocaiyuan’s filing late on Tuesday did not provide details, but an IFR report from August said it could raise US$200 million. UBS and Huatai Financial… ....

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