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Hong Kong-listed Chinese language restaurant operator Jiumaojiu is betting on youthful shoppers for development in 2021 – NEWPAPER24

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Hong Kong-listed Chinese language restaurant operator Jiumaojiu is betting on youthful shoppers for development in 2021

2021-01-17 06:00:11

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Guangzhou-based eating places operator Jiumaojiu Worldwide Holdings is pivoting to youthful shoppers, because it emerges from the financial dislocation brought on by the coronavirus pandemic.The corporate, whose shares debuted in Hong Kong in January final yr following a HK$2.08 billion (US$267.4 million) preliminary public providing (IPO), will double down on its Tai Er eating places, which concentrate on pickled sauerkraut fish and are in style amongst youthful shoppers. Jiumaojiu plans to open 100 to 120 Tai Er…

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