The well-known restaurant chain Jinhansi, which was scheduled to go public in Hong Kong today (27th), suddenly stopped yesterday. Just last month, Xiaonanguo, which had issued a prospectus, actually backed out a week after it was issued.

Both the mainland and Hong Kong capital markets have cast a vote of no confidence in Chinese food enterprises. After the Hunan-Hubei affair in 2119, no restaurant chain listed on A-share market. The subsequent detour to Hong Kong was also a setback. Analysts said that the fundamental reason why the above two well-known restaurant chains shelved their listing plans was that the confidence of the capital market in the catering industry fluctuated. How to break through the curse of "listing difficulty" has become a serious and urgent problem for all catering chains that have lined up to go public.