SCMP Business11/9 14:00 (HKT)
Haidilao’s stock rout exposes risk from Beijing’s taxation crackdown as payment day looms

The turmoil surrounding Chinese hotpot chain restaurant operator Haidilao International Holding could serve as a warning to investors of the risks stemming from Beijing’s new taxation regime on overseas assets held by wealthy individuals. A plan by Shu Ping, the co-founder and wife of Haidilao chair
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