Jollibee Ditches US IPO, Calls Hong Kong A Natural Market For Listing International Business
With 20 brands in 33 countries, the Philippine fast-food operator has abandoned earlier plans to list its international operation in New York in favor of its nearby neighbor image credit: Bamboo Works Key
Jollibee decided to list its worldwide restaurants in Hong Kong instead of New York. This tells us the company thinks Hong Kong is a better fit for its global growth plans right now.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.