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Jollibee Seeks Higher-Valuation Hong Kong Listing for International Unit

Jollibee logoJollibee
Sig2.05Sen+3.15Env0.00Soc0.00Gov+0.35

Jollibee Foods Corp.’s international business could draw a higher valuation in Hong Kong than in the United States, where its smaller scale may lag behind larger restaurant peers. The company is said to have chosen Hong Kong after assessing where the unit’s footprint, profile, and expansion goals fit best, potentially supporting a stronger P/E and future index inclusion.

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