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Disclaimer: This is not a sponsored post.

On 26 September, Chinese hotpot chain Haidilao (HDL) shares debuted on the Hong Kong Exchange and climbed as much as 10% on its first trading day. The initial public offering (IPO) raised nearly US$1 billion for the company.

I’ve patronised HDL quite often since it entered Singapore many years ago and their truly exceptional service level is one of the reasons behind my repeated visits. You could say that I am a fan of HDL, but as an investor I have to remain unbiased and objective when analysing a company.

There is lots of talk and interest in HDL’s listing, so I decided to spend an entire day reading the 520-page