---- Blick auf eine Da Niang Knödel Restaurant in Nantong City, East China Jiangsu Provinz, 17. Februar 2012. Chinesisches Essen Ketten werden mit dem Ziel,
--FILE--View of a Da Niang Dumplings restaurant in Nantong city, east Chinas Jiangsu province, 17 February 2012. Chinese food chains are aiming to eat McDonald¯s and KFC for lunch. Xiabuxiabu Catering Management Holdings Co. serves Chinese hot pot, in which customers cook meat and vegetables themselves in a broth. Xiabuxiabu Catering is seeking upward of 1.14 billion Hong Kong dollars ($147 million) in an initial public offering of stock that will help it double its store count in China to nearly 1, 000 outlets in the next four years. Taiwanese company Ting Hsin International Group, which owns the Dicos fried-chicken chain, rolled out 948 restaurants from 2011 to 2013 and now runs more than 2, 000 Dicos stores, according to market-research firm Mintel. European private-equity firm CVC Capital Partners earlier this year acquired a controlling stake in Da Niang Dumplings Holdings, a dumpling chain with more than 400 restaurants, citing a desire to ®¯take the company to the next level.¯¯ CVC declined to comment on expansion plans.
