10 Aug '18, 7am

Clarke Quay nightspots get trial liquor licensing extension to 4am on all Fridays

Clarke Quay nightspots get trial liquor licensing extension to 4am on all Fridays

BEIJING (REUTERS) - A Beijing steamed bun maker known for being a favourite of Chinese President Xi Jinping is moving closer to an initial public offering after a 92 million yuan (S$18.4 million) fundraising round, Chinese state media reported. The Beijing Youth Daily newspaper reported on Thursday (Aug 9) that new investors in Qing-Feng Steamed Dumplings Shop included a subsidiary of Chinese conglomerate Fosun International. The money raised will be used for expanding its business and upgrading existing stores, the report said. After becoming president in 2013, Xi was spotted at one of Qing-Feng's stores in the capital, lining up and carrying his own tray. He chatted and posed for photos with other patrons, winning praise from the public and putting the bun maker in the spotlight. Such unscripted public appearances are rare for China's top leadership, who mostly stick to ...

Full article: https://www.straitstimes.com/asia/east-asia/chinese-presi...

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