Food & BeverageChinese 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
TAKESHI KIHARA, Nikkei staff writer
September 8, 2021 00:24 JST
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.