Turnaround for Haidilao

Singapore’s richest man ZHANG Yong

Haidilao is a household name in Singapore.

In 2012, the China-based hot-pot restaurant chain opened their first oversea branch in the “Lion City”.

Then in September 2019, when Chinese netizens discovered that founder ZHANG Yong had become a naturalised Singapore citizen, there were calls to boycott Haidilao in China.

During the Covid lockdown, Haidilao – like so many other businesses – was adversely affected.

It now seems the restaurant chain is turning the corner.

Check out this article by Enoch Yiu, Chief Business Reporter, South China Morning Post at www.scmp.com

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