EconomyHaidilao stock rout exposes risks from Beijing’s tax crackdown as payment day looms
Turmoil at Chinese hotpot operator Haidilao International may warn investors about risks from Beijing’s new tax regime for wealthy individuals’ overseas assets. A planned sale of 259 million shares, or 4.65 per cent, by co-founder Shu Ping, wife of chairman Zhang Yong, sent the stock down 10 per cent in Hong Kong this week.
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South China Morning Post★★★☆☆2026-09-11 06:00Original
Haidilao stock rout exposes risks from Beijing’s tax crackdown as payment day looms
Economy