Jollibee banks on global buzz, picks Hong Kong listing for overseas assets

MANILA -- When Jollibee Foods Corp. first opened outlets overseas in the mid-1980s, its primary revenue engine was the Filipino diaspora longing for a taste of home. Today, the Manila-headquartered fast-food titan with over 10,700 stores covering 20 brands in 33 countries is making a bolder bet: winning over non-Filipi

Sept 1 : Philippine fast food giant Jollibee Foods Corp said on Tuesday it was planning to spin off and list its international operations on the Hong Kong Stock Exchange, abandoning earlier plans of a U.S. listing.Here are some more details:• Jollibee Foods said it was progressing in separating its international busine

Shein Global Holdings plunged as much as 10 per cent in its Hong Kong trading debut on Tuesday after raising HK$13.6 billion (US$1.7 billion), further shaking market confidence in the company’s valuation. The shares opened flat at the offer price of HK$48.56 before falling as much as 10 per cent to HK$43.72. They later