The international food and beverage giant Yum! Brands plans to acquire an additional 7.3% stake in the Chinese hot pot restaurant chain Little Sheep after taking a stake of over 20% in the company earlier this year. According to a report published by Little Sheep, Yum! has made provisional plans to buy 75,042,456 shares at the [...]

Chinese hotpot restaurant chain Little Sheep has published its semi-annual financial report for the first half of 2009. According to the report, Little Sheep's combined revenue during the period was CNY630 million, a year-on-year increase of 18.5%; and the revenue from its restaurants was CNY520 million, an increase of 15.9% compared with the same period of [...]

Chinese hotpot chain Little Sheep has announced that it has completed the integration of eight additional franchise restaurants, increasing the number of self-managed restaurants it owns to 143. According to a report published by the company, the acquisition of eight restaurants, including six in Henan and two in Fujian, involved expenditure of CNY59 million. In addition, [...]

Chinese hotpot chain Little Sheep has published its first annual report since it was listed on the Hong Kong Stock Exchange of Hong Kong on June 12, 2008. Though affected by the global financial crisis and the decline of consumer confidence in China, Little Sheep still has an impressive report for 2008. The company's total revenue [...]

The Chinese hot pot restaurant chain Little Sheep has opened the company’s first department store restaurant at Hualian Department Store Shangdi branch, Beijing, and the restaurant is also Little Sheep’s first restaurant to open in Beijing in 2009.
According to Zhang Zhanhai, executive director and chief brand officer for Little Sheep, the company divides its hot [...]

Following the opening of two new restaurants in Beijing's Wangjing and Fengtai districts, Zhang Zhanhai, a senior vice president of Little Sheep, said the company plans to open five new restaurants in Beijing in 2009. Commenting on China's catering environment in 2009, Zhang said Little Sheep would focus more on internal control, process optimization, and product [...]

The Chinese hot pot restaurant chain Little Sheep has announced plans to sell its 62.5% stake in its Janpanese subsidiary to its Japanese partner Webcrew for about HKD2.55 million, which equals to the company's total investments in Japan over the past two years. The Chinese Hot Pot chainopened its first Japanese restaurant in 2006. Besides selling [...]

The name may sound funny, but the Little Sheep (0968.HK) restaurant chain is a business well worth your investigation. Little Sheep is a chain of 'hot pot' restaurants that is famous for its Mongolian-style mutton dishes. Little Sheep is a huge business in China. In 2006, it grabbed an amazing 11.8% of all the full-service restaurant business in China! There are currently around 350 Little Sheep restaurants around China, but the company will be using the IPO proceeds to finance an aggressive expansion plan. At 27 times 2008 earnings, it is a little pricey, so I would wait for a pullback. You will have to wait though because U.S. investors are not allowed to buy Hong Kong IPOs for 40 days.