News Snapshot:
Several mainland Chinese restaurant chains have filed for initial public offerings (IPOs) in Hong Kong, betting that diners will regain their appetite for eating out later this year once the current outbreak of Covid-19 blighting the country has subsided. Restaurant groups including Japanese cuisine specialist Kamii, hotpot chain Laowang and the China franchisee of US-based Domino's Pizza have filed for listings in the past three months. It usually takes at least six months for applications to proceed to the stage of a listing committee hearing, the passing of which would enable them to kick off their IPOs . Do you...