Hony Capital Doubles Down On Lee & Man And Chinese Restaurant Investment

heheguHony Capital has invested another HK$1.5 billion (US$193 million) in Hong Kong-listed handbag maker Lee & Man Handbags and potentially drove another deal betting on the Chinese restaurant sector. Lee & Man Handbags issued 1.27 billion five-year convertible bonds to Hony Capital, a disclosure filing shows, potentially increasing Hony's interest in the company to over […]


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