Home Business & Finance Haidilao Billionaire’s $350 Million Surprise Sale Sinks Shares
Business & Finance

Haidilao Billionaire’s $350 Million Surprise Sale Sinks Shares

Key Points

The founding family behind China’s biggest chain of hotpot restaurants sought to sell up to $353 million shares, sending the firm’s shares down as much as 12%, the lowest level since March 2022.

The founding family behind China’s biggest chain of hotpot restaurants sought to sell up to $353 million shares, sending the firm’s shares down as much as 12%, the lowest level since March 2022.
Haidilao (ORG) China (LOCATION)
Originally published by Bloomberg Markets Read original →