Hotpot giant Haidilao set to enter Hong Kong soon

Hotpot chain Sichuan Haidilao Catering Co is said to be making inroads into Hong Kong, joining a cluster of mainland counterparts whose business in Hong Kong has been chequered.

Edwin Leong Siu-hung, founder of Tai Hung Fai Enterprise and one of Hong Kong's largest retail landlords, confirmed that one of his company's properties in Mong Kok had been leased to Haidilao and could be decorated within two months at the soonest.

The Beijing-based restaurant operator also confirmed the news. It said that if everything goes according to plan, the company's first restaurant in Hong Kong will open three months later.