Since 2026, mainland catering companies' IPOs in Hong Kong have ushered in a wave of centralized declarations, but the implementation progress has not been updated. On the one hand, there is the industry's growing enthusiasm for Hong Kong stock listings, and on the other, the Hong Kong Stock Exchange's careful review pace, which clearly requires compaction of sponsor agencies' responsibilities and strict investigation of gaps in consumer and catering projects. Piling up forms, batch failures, and zero listings within the year is the current state of Hong Kong stock IPOs in the catering industry. Catering companies' path to listing on Hong Kong stocks has ushered in profound changes in rules and logic. The industry generally believes that it is no accident that the 2026 IPOs of catering companies are collectively “stuck in the shell”. Some catering companies have problems left over from history, such as employment models and food safety. In the context of comprehensive and stricter supervision, these issues have become mandatory conditions that must be thoroughly checked.

Since 2026, mainland catering companies' IPOs in Hong Kong have ushered in a wave of centralized declarations, but the implementation progress has not been updated. On the one hand, there is the industry's growing enthusiasm for Hong Kong stock listings, and on the other, the Hong Kong Stock Exchange's careful review pace, which clearly requires compaction of sponsor agencies' responsibilities and strict investigation of gaps in consumer and catering projects. Piling up forms, batch failures, and zero listings within the year is the current state of Hong Kong stock IPOs in the catering industry. Catering companies' path to listing on Hong Kong stocks has ushered in profound changes in rules and logic. The industry generally believes that it is no accident that the 2026 IPOs of catering companies are collectively “stuck in the shell”. Some catering companies have problems left over from history, such as employment models and food safety. In the context of comprehensive and stricter supervision, these issues have become mandatory conditions that must be thoroughly checked.