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Tuesday, April 16, 2019

Restaurant chain Haidilao’s owners $6 billion richer in 2019

Restaurant chain Haidilao’s owners $6 billion richer in 2019
Last year, revenue surged 60 percent to 17 billion yuan ($2.6 billion), and that’s helping to push the stock up more than 75 percent this year. At about $21 billion, the company’s market value is now higher than Chipotle Mexican Grill Inc.

Source: TFE