OTC Markets OTCPK - Delayed Quote • USD Haidilao International Holding Ltd. (HDALF) Follow Compare 1.9000 +0.0700 +(3.83%) At close: January 31 at 1:25:58 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Hong Kong Shares Fall 0.6% Amid Fears of U.S. Tariffs Hong Kong’s benchmark Hang Seng Index rose 1.0% to 20745.74 around midday, reversing earlier losses on hopes for large-size fiscal stimulus from China. Hotpot companies are losing steam as China consumers wilt Chinese hotpot meals are social events with diners sharing a steaming pot of soup. These restaurants were understandably hit hard during the... China's Hot-Pot Giant Has Its Own Boy Band. Can It Win Over U.S. Diners? China's Haidilao offers diners manicures, massages and dancing waiters along with their hot-pot. WSJ explores whether the strategy can succeed with Americans as the $9 billion chain looks to expand across the U.S. Super Hi unveils board changes and appoints new CEO The new CEO and executive director Yang Lijuan will succeed Li Yu, who will transition to a senior regional manager role. Super Hi Announces Changes to Executive Leadership and Board Composition SINGAPORE, June 21, 2024 (GLOBE NEWSWIRE) -- Super Hi International Holding Ltd. (NASDAQ: HDL and HKEX: 9658) ("Super Hi" or the "Company"), a leading Chinese cuisine restaurant brand operating Haidilao hot pot restaurants in the international market, today announced the appointment of Ms. Yang Lijuan as the new Chief Executive Officer and as executive director of the Company, effective July 1, 2024. "The Board is delighted to appoint Ms. Yang as Super Hi’s new CEO," said Ms. Shu Ping, Chairlady Haidilao restaurant operator Super Hi's shares surge 38% in strong US market debut After two dismal years, the U.S. IPO market is staging a strong comeback as not only new private companies are listing their stocks, but foreign companies are also choosing U.S. exchanges to debut in the market. Market participants are expecting a strong pipeline of new entrants as the current year progresses on rising hopes of a rate cut in the second half of the year, which is expected to boost sentiment around IPOs. Haidilao, which started in a small town in Sichuan in 1994, has become one of the most popular Chinese cuisine brands in the world. Haidilao restaurant operator Super Hi prices US IPO at $19.56 per share The IPO price is at a discount of 9.9% from the as-converted last close of Super Hi's Hong Kong-listed shares, and gives the Singapore-based company a valuation of $1.26 billion. Haidilao, which started in a small town in Sichuan in 1994, has become one of the most popular Chinese cuisine brands in the world. UPDATE 1-Haidilao restaurant operator Super Hi targets $1.38 bln valuation in US IPO Super Hi International, which operates Chinese hotpot restaurant chain Haidilao outside China, said on Monday it was targeting a valuation of $1.38 billion in its initial public offering in the United States. Super Hi is looking to raise about $57.5 million by offering nearly 2.7 million American Depositary Shares at $21.35 apiece. The company will primarily use the IPO proceeds to expand its restaurant network globally. Haidilao hotpot restaurant operator Super Hi targets $1.38 bln valuation in US IPO Super Hi International, which operates Chinese hotpot restaurant chain Haidilao in the international market, said on Monday it was targeting a valuation of $1.38 billion in its initial public offering in the United States. The company, which has shares listed in Hong Kong, is pursuing a dual listing in New York as it seeks to broaden its shareholder base and raise additional capital. Super Hi is looking to raise about $57.5 million by offering nearly 2.7 million American Depositary Shares at $21.35 apiece. Performance Overview Trailing total returns as of 2/3/2025, which may include dividends or other distributions. Benchmark is HANG SENG INDEX Return HDALF HANG SENG INDEX YTD -13.64% -0.91% 1-Year +6.86% +27.85% 3-Year -4.79% -16.56%