Key facts
- Jollibee Foods Corp. is considering a potential spinoff of its international business.
- The company is contemplating listing the spinoff in Hong Kong instead of the US.
- Hong Kong's share sale market is currently experiencing a boom.
Jollibee Foods Corp. is reportedly exploring the possibility of switching the listing location for a potential spinoff of its international business from the United States to Hong Kong. This strategic consideration is attributed to the current strength and activity observed in Hong Kong's share sales market. Sources familiar with the matter indicated that the company is weighing this potential shift.