EconomyJollibee chooses Hong Kong over New York for international spin-off listing
The parent company of Philippine fast-food giant Jollibee plans to spin off and list its international operations, selecting Hong Kong rather than New York. Jollibee Foods Corp had said in January that it intended to list its overseas arm, Jollibee Foods Corporation International, in the United States; the new choice is presented as a strong endorsement of Hong Kong’s IPO diversification efforts.
Jollibee chooses Hong Kong over New York for international spin-off listing
Economy