https://sg.finance.yahoo.com/news/chinas-citic-aibank-lend-haidilao-043207731.html
Haidilao has about 550 outlets in China and almost all the outlets are closed because of the virus outbreak.
The daily loss is around RMB$80m for all the outlet closures.
As long as the virus outbreak is not contained, taking on more debts will not resolve Haidilao's operational problems. There is nothing Haidilao can do when there is no customer.
Subscribe to:
Post Comments (Atom)
.jpg)
No comments:
Post a Comment