Food & Beverage

Diageo mulling Hong Kong IPO

Diageo mulling Hong Kong IPO

The British company that owns Johnnie Walker, Smirnoff and Baileys is considering an IPO in Hong Kong.

Price increase pads growth in Hong Kong restaurants

Total restaurant sales grew by 6% to HK$23.4b in 1Q2012, but sales volume shrank by 0.2%.

Swire Pacific and China Foods: off the hook on disinfectant-tainted Coke

Nine batches were reported to have snuck in to the market and the plant of origin may be owned by Coca Cola.

Outlook for Ajisen's profitability still bleak

The company's Hong Kong operations experienced a drop of 2.5% in same store sales growth and overall sales showed no improvements.  

Dah Chong Hong join forces with Brasil Foods S.A.

Tie-up aimed to further develop DCH's food business.

Noble House (China) plans GEM Board of HKEx listing

The Chinese restaurant chain in the PRC targeting customers with strong purchasing power places 98mn shares at HK$0.55-HK$0.85 per share.

Food services sector total receipts amount to over $101b

But were operating expenses, goods sold and compensation of employees higher or lower in 2010?

Gayety third quarter profit up 92.5% to HK$10.6mn

The restaurant chain’s revenue up 28.7% to HK$194.39mn.

Yau Ma Tei light refreshment restaurant suspended from business

The Director of Food and Environmental Hygiene has ordered a light refreshment restaurant in Yau Ma Tei to suspend business for 14 days. The...

Tontine Wines keen on 60% interest acquisition in Yantai Baiyanghe

The move to create synergies to achieve industry leadership through complementary strengths and shared resources.

Hong Kong-listed Tingyi to acquire Pepsi’s bottling assets in China

Tingyi's beverage subsidiary, Tingyi-Asahi Beverages, will become PepsiCo's franchise bottler in the mainland.

More must have dined out in the third quarter of 2011

This as the value of total receipts of the restaurants sector went up to $22.3b.

Closure order lifted for fish portion of store in Tsuen Wan

The Director of Food and Environmental Hygiene today lifted the closure order imposed earlier on the fish portion of a PARKnSHOP Superstore in Tsuen...

Public consultation on proposals to amend Veterinary Surgeons Registration Ordinance

The Food and Health Bureau and the Agriculture, Fisheries and Conservation Department have launched a public consultation on proposed amendments to...

Quality Hong Kong-style cuisine introduced in Tokyo

 About 70 representatives from the Japanese government, the business sector and the travel industry were invited to have a taste of a Hong Kong-style...

Tao Heung profit up 20% to HK$125mn

Rapid China growth and successful cost control fuelled the group’s growth.

No H1N1 detected in pigs from May to July

No human swine influenza virus or pandemic H1N1 was detected among 1,300 samples tested by the University of Hong Kong from May to July at the Sheung...