Cafe de Coral, in 1986, becomes first Hong Kong food chain to go public – SCMP archive
The News
Cafe de Coral, a fast-food chain, became the first Hong Kong food chain to go public on July 16, 1986. Its stock debuted on the stock exchange, trading up to $1.35 and achieving the highest trading volume of the day. This milestone highlighted the company's growth and marked a significant event in Hong Kong's food industry.
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The Analysis
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Cafe de Coral became the first Hong Kong food chain to list on the stock exchange in 1986.
Cafe de Coral debuted on the stock exchange on July 16, 1986.
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Key findings
Cafe de Coral debuted on the stock exchange on July 16, 1986.
South China Morning Post- Cafe de Coral became the first Hong Kong food chain to list on the stock exchange in 1986.
- The stock opened and traded up to $1.35, a positive debut.
Trust Breakdown
Plain English
Loaded language removedThis article was first published on July 17, 1986. Cafe de Coral the active player 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.
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Claims
Cafe de Coral debuted on the stock exchange on July 16, 1986.
South China Morning PostOn its first day of trading, Cafe de Coral's stock traded up to $1.35.
South China Morning PostCafe de Coral recorded the biggest volume of the day on its debut.
South China Morning Post