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HKG:6862

3 stories mentioning HKG:6862

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Asia

Haidilao International's CEO Boosts Shareholding

Haidilao International's (HKG:6862) Chair, CEO, and Controlling Shareholder Zhang Yong acquired nearly 11.4 million ordinary shares in the firm, according to a Friday filing with the Hong Kong bourse.The shares were purchased from the open market on Thursday and Friday for an average price of approximately HK$13.39 apiece.Zhang now, directly and indirectly, holds 2.09 billion shares in the hotpot operator, representing 37.56% of its total issued shares.

HKG:6862
Asia

Super Hi International CEO Leaves to Join Haidilao International; Successor Named

Super Hi International (HKG:9658) said June Yang Lijuan resigned as its CEO effective Wednesday to join Haidilao International (HKG:6862), according to a same-day filing with the Hong Kong bourse.The hotpot restaurant operator, on the same day, named Li Yu as its new CEO. Li ceased to be the firm's chief operating officer on his new appointment.

HKG:6862HKG:9658
Asia Markets

Hong Kong Stocks End in Green as Investors Track US-Iran Talks; Haidilao Chairman to Increase Stake in Firm

Hong Kong stocks closed marginally higher Friday as investors held out hope for a breakthrough in the upcoming peace talks between Iran and the U.S.The Hang Seng Index rose by around 141.14 points, or roughly 0.6%, to end at 25,893.54, while the Hang Seng China Enterprises Index increased by 43.21 points, or around 0.5%, to close at 8,655.04.U.S. and Iranian delegations arrived in Islamabad on Friday ahead of crucial talks beginning Saturday that could pave the way for a definitive peace treaty between the two sides.However, tensions lingered between both sides, as Israel continued attacks on Lebanon while Washington accused Iran of failing to re-open the Strait of Hormuz as promised.In corporate news, Haidilao International (HKG:6862) said its chairman and controlling shareholder Zhang Yong plans to increase his stake by no less than HK$100 million within 12 months.Shares of the restaurant operator gained nearly 3%.Pateo Connect Technology (Shanghai) (HKG:2889) entered a framework agreement to develop embodied intelligence with the Graduate School of AI Operating System of Shanghai Jiao Tong University.Shares of the smart cockpit solutions provider closed almost 4% lower.

Hang SengHKG:2889HKG:6862