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Café de Coral becomes first HK food chain to go public in 1986

In 1986, Café de Coral made history by becoming the first Hong Kong food chain to be publicly listed on the city's stock exchange. The company's shares saw significant trading volume on their debut, reaching $1.35. This event occurred during a relatively quiet period for the broader market, with the Hang Seng Index and Hongkong Index experiencing minor fluctuations. AI

RANK_REASON This is a historical business event for a specific company and location, not a current AI-related development. [lever_c_demoted from significant: ic=1 ai=0.0]

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Café de Coral becomes first HK food chain to go public in 1986

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  1. SCMP — Tech TIER_1 English(EN) · SCMP ·

    Cafe de Coral, in 1986, becomes first Hong Kong food chain to go public – SCMP archive

    This article was first published on July 17, 1986. Cafe de Coral the live wire in quiet market by John Mulcahy Fast-food counter Cafe de Coral hit the boards yesterday (July 16, 1986), trading up to $1.35 and recording the biggest volume of the day. Although 16.6 million Cafe de …