Time-honoured China brands eye stock market listing

People dine at the Quanjude Peking roast duck restaurant in Beijing on Aug 18, 2020. Quanjude, now a listed company, has been serving traditional Peking roast duck since 1864.
PHOTO: REUTERS
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A 17th-century scissor-maker, a company that has made braised chicken since 1616 and a food producer that has been churning out rice dumplings for nearly 100 years are among Chinese brands that recently indicated their intention to list in China.

These time-honoured businesses, known as zhonghua laozihao, are trying to raise capital and carve out a name for themselves in modern China.

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A version of this article appeared in the print edition of The Straits Times on August 18, 2020, with the headline Time-honoured China brands eye stock market listing. Subscribe