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XIAO NOODLES Debuts on HKEX, Becoming the First Listed Chinese Noodle Restaurant Stock
Guangzhou Xiao Noodles Catering Management Co., Ltd. ("XIAO NOODLES" or the "Company", Stock Code: 2408.HK), a prominent Chinese specialty restaurant chain, was officially listed today on the Main Board of the Hong Kong Stock Exchange, becoming the first Chinese noodle restaurant stock in the public market. The global offering attracted strong participation from institutional investors, with HHLR Advisors, Ltd. ("HHLRA", Member of Hillhouse Group),Hai Di Lao Holdings Pte. Ltd. ("Haidilao"), Drea
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[{"type":"text","content":"HONG KONG, Dec. 5, 2025 /PRNewswire/ -- Guangzhou Xiao Noodles Catering Management Co., Ltd. ("XIAO NOODLES" or the "Company", Stock Code: 2408.HK), a prominent Chinese specialty restaurant chain, was officially listed today on the Main Board of the Hong Kong Stock Exchange, becoming the first Chinese noodle restaurant stock in the public market. The global offering attracted strong participation from institutional investors, with HHLR Advisors, Ltd. ("HHLRA", Member of Hillhouse Group), Hai Di Lao Holdings Pte. Ltd. ("Haidilao"), Dream'ee (Hong Kong) Open-ended Fund Company, Hong Kong Shengying Investment Limited ("Shengying Investment"), Zeta Wisdom OFC ("Zeta Fund") joining as cornerstone investors.","length":790,"tagName":"p"},{"type":"image","alt":"XIAO NOODLES commences trading on the Main Board of the Hong Kong Stock Exchange","displaySize":"","headline":null,"caption":"XIAO NOODLES commences trading on the Main Board of the Hong Kong Stock Exchange","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":267,"url":"https://media.zenfs.com/en/prnewswire.com/ca9daa777c403b05cb93c856c55968c1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/VZEUGtjIuU79gSEI95LFMA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ3MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/ca9daa777c403b05cb93c856c55968c1","width":400,"height":267}},"href":"https://mma.prnewswire.com/media/2839336/XIAO_NOODLES_commences_trading_on_the_Main_Board_of_the_Hong_Kong_Stock_Exchange.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"According to Frost & Sullivan, XIAO NOODLES is ranked No.1 nationwide in Sichuan–Chongqing–style noodle restaurants and No.4 among all Chinese noodle restaurant operators by gross merchandise value (GMV) in 2024. Over the past three years, the Company has demonstrated remarkable business expansion and financial performance. Revenue surged from RMB 418 million in 2022 to RMB 1.154 billion in 2024, representing a compound annual growth rate of 66.2%, significantly outpacing the broader Chinese quick-service restaurant (QSR) market. The upward trajectory continued into the first half of 2025, during which XIAO NOODLES reported revenue of RMB 703 million, a 33.8% year-over-year increase, while adjusted net pr...
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