
Opening stores with one hand and going public with the other, mainland catering companies are "fighting on two fronts" in Hong Kong
On May 8th, AUNTEA JENNY successfully listed on the Hong Kong Stock Exchange, with impressive stock performance. Meanwhile, the Hangzhou-based casual Chinese dining giant GREEN TEA GROUP also officially launched its Hong Kong IPO on the same day. Mainland dining enterprises are igniting a "dual-line battle" trend of opening stores and listing in Hong Kong. Well-known brands such as Mixue Group, Haidilao, and Xiaocaiyuan are typical representatives of this trend. Dining brands like GREEN TEA GROUP, Yujian Xiaomian, and Hefulao Mian, which have entered Hong Kong in recent years, are also racing towards a Hong Kong stock listing. Analysts believe that the essence of this strategy is "to practice internal skills in the Hong Kong market and amplify value through the capital market," accumulating international experience through physical stores while leveraging Hong Kong stock financing to achieve scaled leaps
