US STOCKS
FUNDS
FX & CRYPTO
SH/SZ-HK
HK STOCKS
 
 
 
 
 
 
To-be Listed (Grey Market Trading Session: 16:15-18:30)
Name
/
Code
Industry Listing Price Lot Size Entry Fee Phillip Grey Market Futu (HK) Grey Market
Haiwei Electronic
09609.HK
Grey Market Today
Electrical Components & Equipment 14.280 200 2,884.80
-
-
Detail Quote
Last update: 2025-11-27 12:30:05
Name
/
Code
Industry Offer Price Lot Size Entry Fee Closing Date
Grey Market Date
Listing Date
Lemo Services
02539.HK
Leisure Products 27-40 100 4,040.35 2025/11/28 2025/12/02 2025/12/03
Jinyan Kaolin
02693.HK
Diversified Metals & Minerals 7.3 500 3,686.82 2025/11/28 2025/12/02 2025/12/03
Xiao Noodles
02408.HK
Restaurants 5.64-7.04 500 3,555.51 2025/12/02 2025/12/04 2025/12/05
Tianyu Semiconductor
02658.HK
Semiconductors & Semiconductor Equipment 58 50 2,929.24 2025/12/02 2025/12/04 2025/12/05
Summary
We are a Chinese noodle restaurants operator in China. We operate the Xiao Noodles (遇見小麵) brand in the Chinese Mainland and Hong Kong SAR. Our restaurant network encompassed 440 restaurants in 22 cities in the Chinese Mainland and eleven restaurants in Hong Kong SAR as of the Latest Practicable Date. Leveraging our strong growth momentum, we had 101 new restaurants in pre-opening preparation as of the Latest Practicable Date. Our restaurants are largely located in southern and eastern China with more than half of our restaurants in Guangdong province. According to Frost & Sullivan, we were the fourth largest Chinese noodle restaurants operator in China in terms of GMV in 2024, capturing a market share of 0.5%. According to Frost & Sullivan, the Chinese noodle restaurants market is a major subset of the overall Chinese quick service restaurants (QSR) market in China with a market share of approximately 29.8% in 2024. QSR typically offer convenient and ready-to-eat meals to consumers for quick dining solutions. The QSR market comprises businesses and establishments that excel through standardized operations, high efficiency, and scalable models — leveraging digital integration and affordable pricing to deliver consistent, fast, and convenient dining experiences with mass appeal, catering to consumers prioritizing quick service and ready-to-eat meals. The Chinese QSR market accounted for approximately 17.6% of the overall food service market in China in 2024. The Chinese QSR market in China is highly fragmented due to a large number and varying types of market participants, with the top five players collectively accounting for approximately 3.0% of the market in terms of GMV in 2024. According to Frost & Sullivan, we ranked the thirteenth in the overall Chinese QSR market in terms of GMV in 2024 with a market share of 0.14%.

Our Origin

In 2014, our founding team, Mr. Song, Mr. Su and Ms. Luo, established their first single-location noodle house on Tiyu East Street in Guangzhou, embarking on their entrepreneurial journey. Our founding team, Mr. Song, Mr. Su and Ms. Luo, graduated from South China University of Technology, a tertiary science and engineering institution in Guangzhou. Mr. Song and Ms. Luo also obtained master’s degrees from the Hong Kong University of Science and Technology. Under the leadership of our founding team, in particular, Mr. Song, our founder, who had practical experience in international fast food chain, we have developed a business model with high degree of standardization, comprehensive management systems and digitalization, which forms the cornerstone of our success, integrating the traditional appeal of the Chinese noodle houses with data-driven management approach.

Signature Dishes

Our foundation was built on Chongqing noodles (重慶小麵), a series of spicy flavor staple dishes originated in the mountain city Chongqing, which has garnered popularity across the country. Being a Chinese restaurant chain (中式餐飲連鎖品牌) that specializes in Chongqing noodles, we have expanded our offerings to a diverse range of spicy and non-spicy dishes encompassing noodles, rice, snacks and beverages.



Source: Xiao Noodles (02408) Prospectus (IPO Date : 2025/11/27)
Listing Market MAIN
Industry Restaurants
Background Others
Major Business Area China
Corporate Information
No related information.
 
SITEMAP
Email: support@aastocks.com
AASTOCKS.COM LIMITED (阿斯達克網絡信息有限公司) All rights reserved.
Disclaimer
You expressly agree that the use of this app/website is at your sole risk.

AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd, Nasdaq, Inc., their respective holding companies and/or any subsidiaries of such holding companies, their Sources and/or other third party data provider(s) endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co.Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) make any express or implied offers, representations or warranties (including, without limitation, any warranty or merchantability or fitness for a particular purpose or use) regarding the Information.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) will be liable to any Subscriber or any other party for any interruption, inaccuracy, error, or omission, regardless of cause, in the Information or for any damages (whether direct or indirect, consequential, punitive, or exemplary) resulting from its use by any party.

AASTOCKS.com Limited shall not be liable for any failure or delay in performance of its obligations under this Disclaimer because of circumstances beyond its reasonable control, including but without limitation, acts of God, typhoons, rainstorms, other natural disasters, government restrictions, strikes, wars, virus outbreak, network failures or telecommunications failures.

Morningstar Disclaimer: Copyright © 2020 Morningstar, Inc. All Rights Reserved. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and Morningstar’s third party licensors; (2) may not be copied or redistributed except as specifically authorised; (3) do not constitute investment advice; (4) are provided solely for informational purposes; and (5) are not warranted to be complete, accurate or timely. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

The information and contents contained in this app/website are based on the analyses and interpretations of publicly available information obtained from sources believed to be reliable. Such analyses and information have not been independently verified and AASTOCKS.com Limited makes no guarantees to their accuracy, completeness, timeliness or correctness.

The information, financial market data, quotes, charts, statistics, exchange rate, news, research, analysis, buy and sell ratings, Education Center and other information on this app/website should be used as references only at your own discretion. Prior to the execution of a security or any other trade based upon the Information, you are advised to consult independent professional advice to verify pricing information or to obtain more detailed market information. AASTOCKS.com Limited is not soliciting any subscriber or app/website visitor to execute any trade. Any trades executed following the said information, commentaries and/or buy/sell ratings on this app/website are taken at your own risk for your own account.

AASTOCKS.com Limited provides the information and services on an "AS IS" basis. The information and contents on this app/website are subject to change without notice. AASTOCKS.com Limited reserves the right, in its sole discretion but without any obligation, to make improvements to, or correct any error or omissions in any portion of this app/website at any time.

The subscriber or app/website visitor agrees not to reproduce, retransmit, disseminate, distribute, broadcast, publish, circulate, sell or commercially exploit the information and contents on this app/website in any manner without the express written consent of AASTOCKS.com Limited.

Investment involves risk. You may make use of the Education Center of this website for academic reference purposes at your own discretion. AASTOCKS.com Limited cannot and does not give any assurance that the present or future buy/sell commentaries and signals on this app/website will be profitable. AASTOCKS.com Limited cannot guarantee, and the subscriber or app/website visitor should not assume, that the future performance will equal past performance.

AASTOCKS.com Limited may point to other sites that may be of interest to the subscriber or app/website visitor but for which AASTOCKS.com Limited has no responsibility and only provides this as a service to the subscriber or app/website visitor.

AASTOCKS.com Limited does not represent or endorse the accuracy or reliability of any information, advertisements or contents contained on, distributed through, or linked, downloaded or accessed from any of the services on this app/website. AASTOCKS.com Limited cannot and does not guarantee the quality or reliability of any products or information purchased or obtained by you as a result of an advertisement or any other information displayed on this app/website.

AATV is a video platform owned by AASTOCKS.com Limited.

You acknowledge that: (i) AATV is provided for information purposes only and, in particular, is not intended for trading purposes; (ii) AATV does not and none of the information contained in its program constitutes a solicitation, offer, opinion, or recommendation by us to buy or sell any security, or to provide legal, tax, accounting, or investment advice or services whether or not regarding the profitability or suitability of any security or investment; and (iii) AATV is not intended for use by, or distribution to, any person or entity in any jurisdiction or country where such use or distribution would be contrary to law or regulation.

The financial analysis or opinion expressed in the AATV programs is for reference and discussion only, and does not represent AASTOCKS.com Limited. Investors must make their own investment decisions based on their own investment objectives and financial situation. AASTOCKS.com Limited shall not, directly or indirectly, be liable, in any way, to you or any other person for any: (i) inaccuracies or errors in or omissions from AATV including, but not limited to, quotes and financial data; (ii) delays, errors, or interruptions in the transmission or delivery of AATV; or (iii) loss or damage arising therefrom or occasioned thereby, or by any reason of nonperformance.

AASTOCKS.com Limited reserves the right to change this Disclaimer at any time by posting changes online at this app/website. You are responsible for reviewing regularly information posted therein to obtain timely notice of such changes. Your continued use of this app / website after changes are posted constitutes your acceptance of this Agreement as modified by the posted changes.

The disclaimer herein shall be governed by the law of the Hong Kong Special Administrative Region of the People's Republic of China ("Hong Kong") and you agree to submit to the exclusive jurisdiction of the Hong Kong courts.

In the event of any discrepancy between the Chinese and English versions, the English version shall prevail.

Last updated on 6 January 2023.