IPO Observation | Minced Garden Shocks Hong Kong Stock, Fair Price Route Key to Victory?
January 16, Minced Garden International Holdings Limited submitted its listing application to the Hong Kong Stock Exchange (HKEX), with Haitong International and UBS acting as joint sponsors.
January 16, Minced Garden International Holdings Limited submitted its listing application to the Hong Kong Stock Exchange (HKEX), with Haitong International and UBS acting as joint sponsors.
Minced Garden is a mid-range Chinese restaurant chain that focuses on Anhui-style cuisine. Founded in 2013, it opened its first store in Anhui Province. The main dishes include Smelly Fish, Country-Style Braised Pork, and Steamed Meat with Pickled Mustard.
Minced Garden stated in its prospectus that the IPO funds will primarily be used to continue expanding its store network, enhance supply chain capabilities, upgrade intelligent equipment and digital systems to improve digital capabilities, etc.
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