After being rumored to be winding up for a long time, the dust has finally settled on what will happen to Hsu Liushan. In the afternoon of May 26th, in the High Court of the Hong Kong Special Administrative Region of China, four creditors filed a petition to wind up HUI Liushan Food Manufacturing Company Limited, and HUI Liushan replied to the creditors in writing, stating that it was unable to repay its debts, so it did not object to the petition, and therefore, the hearing officer issued a winding-up order.

We are not unfamiliar with the brand HUI Liushan, there are many HUI Liushan stores around me, this store does Hong Kong-style desserts. At the beginning of 2019, the operation of Xu Liushan is very affected, first there are some events affecting the operation of food and beverage outlets, and then to the present is the new crown epidemic, resulting in Xu Liushan's stores in Hong Kong are affected, and many of the stores are not even able to pay the rent.

Xu Liushan is also considered a long-established, see now it is such a light is a bit saddened. It was founded in the early 1960s, with a history of nearly seventy years, Xu Liushan began to do the start of the wheelbarrow turtle jelly, and then the back of the herbal tea, coconut milk, sugar does not throw off, turnip cake, specialty desserts, especially in 1992 the launch of the mango sago loaf, is a lot of customers like desserts. Subsequently, HUI Liushan's development momentum is great, in the peak of development of HUI Liushan, only counted more than 40 outlets in Hong Kong, China.

In 2009, due to fierce competition and the need for cash, the executives of Hsu Liushan sold their entire stake to Navis Capital, a Malaysian investment company.

In 2015, Hsu Liushan was acquired by Huangtian International for RMB 524 million and opened for franchising.

Seeing the tide of Xu Liushan outlets closing down one after another over in Hong Kong, China, this one we have a childhood filter of the dessert store's thinning, is a bit reluctant to let go of, no matter what happens behind the Xu Liushan, mango sago salted, Yang Zhi Ganluo, multi-mango small meatballs and so on these desserts are all our memories of the food.