Two Largest Hot-Pot Restaurant Chains Eye IPO

June 5, 2007 by Mark | 1 Comment

China Knowledge:

China’s two largest hot-pot restaurant chain operators are planning to go public as soon as next year to raise about HK$3 billion between them, extending their competition from the dining tables to equity markets.

Little Sheep, arguably the country’s most profitable hot-pot restaurant chain, aims to raise up to HK$2 billion in an initial public offering in Hong Kong while smaller rival Little Lamb is poised to raise up to RMB 1 billion in Shanghai, senior officials told the South China Morning Post.

Founded in Baotou and using a franchising business model, both Little Sheep and Little Lamb seek to boost their reserves as they fight for a bigger slice of the food and catering market on their home turf and overseas, such as in North America and Japan.

In Franchise Site

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  • Johnathan on June 14th, 2007 at 11:19 am

    I love both restaurants. Anyone with insight into a direct line into how to signup for the HK IPO? I have never done that in HK before.

    and Does anyone know if the franchise outside of china? I’d be interested in trying to take other branches outside china…

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