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Food & Beverage

Chinese operator of Yoshinoya and DQ to go private

Hop Hing shares surge 63% in Hong Kong on planned buyout by founding family

A Yoshinoya restaurant in Hong Kong: Hop Hing runs 390 Yoshinoya locations, mostly in northern China, along with 189 Dairy Queen ice cream shops.   © AP

HONG KONG -- The operator of Yoshinoya beef-over-rice restaurants and Dairy Queen ice cream shops in China plans to go private through a buyout by the founding family, making its thinly traded shares likely to delist from the Hong Kong stock exchange.

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