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Banu’s Hong Kong IPO runs into weak investor appetite for hotpot chains

With Haidilao and Xiabu Xiabu trading at depressed valuations, Banu’s listing faces questions over growth, governance, and consumer demand.

5 mins read
  • Bringing you the latest updates on funding deals and activities in the Asia Pacific.

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    Deals in brief: RushOwl and Zuzu raise funding, Airwallex acquires OpenPay, nine new China investments, and more

    6 mins read

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