The Next Hot China IPO?

There's an unbelievable amount of equity coming to the public markets in China these days. Everyone knows that though. Anyway, here's the latest I've come across. China Quanjude (Group) Co Ltd, a popular Peking Duck chain:

China Quanjude (Group) Co Ltd, a famous Peking roast duck restaurant chain, kicked off its initial public offering (IPO) on Friday.

According to its public notice, the company plans to issue up to 36 million shares on the Shenzhen Stock Exchange and the preliminary IPO price inquiry will start on October 29 and end on October 31.

Quanjude plans to raise at least 380 million yuan. Of the total, 217.96 million yuan will be used to remodel two chain restaurants and set up five chain stores and one hotel.

And of course:

State-controlled companies hold 69.45 percent stake of Quanjude, of which Beijing Capital Tourism Group holds a 65.47 percent stake.

Maybe it'll trade like Krispy Kreme did when it first launched went public during the bubble.

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[ティンバーランド]

集英社（東京都千代田区）が隔週で発行する漫画雑誌「グランドジャンプ」に連載中の料理漫画「ダシマスター」に登場する背景や食材などの絵の中に、ウェブサイト上の写真画像に類似したものがあることが分かった。現在事実関係の確認を進めており、今月２１日発売の第３号から、当面の間、同作品を休載する。

　ティンバーランドグランドジャンプは「ビジネスジャンプ」と「スーパージャンプ」を統合し、１１月１６日に創刊されたばかり。ダシマスターは平成２１年９月にビジネスジャンプで連載を開始。６巻まで単行本が発売され、累計発行部数は１５万６千部。