In today’s briefing:
- Haidilao (海底捞) Placement – Founders Back to Sell More
Haidilao (海底捞) Placement – Founders Back to Sell More
LHY NP Limited, which is controlled by Shi Yonghong and Li Haiyan, are looking to sell about US$600m worth of Haidilao (6862 HK) shares. Post share sale, the entity will hold about 6.34% stake in the company.
We covered Haidilao (6862 HK)‘s 2018 IPO extensively in:
- Haidilao IPO First Glance: Legendary Hot Pot Restaurant that Will Be Hot (Part 1)
- Haidilao (海底捞) IPO: Superior Metrics in a Scalable Segment (Part 2)
- Haidilao (海底捞) IPO: Near Term Rapid Growth but Deceleration Ahead (Part 3)
- Haidilao (海底捞) IPO: Appealing Valuation at the Low End for a Branded National Champion (Part 4)
- Haidilao (海底捞) Post-IPO Trading Update: Not Much Upside from High End, Lessons from Meituan
Before it’s here, it’s on Smartkarma