EconomyHaidilao’s US$14.9 million credit line to founder fuels China tax speculation
Haidilao International Holding agreed to lend founder Zhang Yong up to the Hong Kong-dollar equivalent of 100 million yuan (US$14.9 million) for one month. The arrangement has prompted market speculation as investors watch Beijing’s October 22 deadline for offshore trust taxation. The company said it would use internal resources and charge interest 0.6 percentage points above the…
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South China Morning Post★★☆☆☆2026-10-13 06:00Original
Haidilao’s US$14.9 million credit line to founder fuels China tax speculation
Economy