Original title: the market value of Haidilao is 200 billion, and the value of its founder, Zhang Yong, and his wife has doubled every year
On October 17, Haidilao's stock closed at HK $37.5 today, hitting an all-time high of HK $38.1 in the session, and its market value exceeded HK $200 billion. According to this price, Haidilao has increased by 122% in one year. Previously, according to Hurun Research Institute, Zhang Yong and Shu Ping, founders of Haidilao, were worth 120 billion yuan in 2019, up 118% from 55 billion yuan in 2018.
Haidilao, founded in 1994, is a large-scale inter provincial direct catering brand hot pot store focusing on Sichuan hot pot and integrating local hot pot characteristics. Its founder is Zhang Yong. According to the data released by Haidilao, Haidilao has more than 100 chain stores in many cities at home and abroad.
On May 17, 2018, Haidilao International Holdings submitted its listing application on the Hong Kong stock exchange. On September 11, Haidilao held a press conference in Hong Kong and announced that its shares would be publicly offered in Hong Kong from September 12. On September 19, Haidilao determined the final issue price of HK $17.8 per share.
According to the Hurun rich list in 2019, Zhang Yong and Shu Ping ranked ninth with 120 billion yuan. Forbes Asia magazine released the latest list of Singapore's 50 richest people on August 29. It shows that Zhang Yongcheng, the founder of Haidilao, is the new richest man in Singapore, with a net worth of US $13.8 billion.