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Jollibee says planning to pick Hong Kong over US to list international unit

The planned spin-off would create two separately listed companies and give JFCI access to global and regional investors, the company said.

  • On Tuesday, September 1, 2026, Jollibee Foods Corp announced plans to spin off and list its international unit, Jollibee Foods Corporation International , on the Hong Kong Stock Exchange, abandoning an earlier proposed U.S. listing.
  • The move advances JFC's January plan to separate its international operations from its Philippine business, creating two independent companies with distinct strategic priorities and investment profiles.
  • JFC selected Hong Kong for its deep capital pools and brand recognition across Asia, describing the city as a "natural market" for JFCI's expansion into North America.
  • Jollibee appointed current chief financial and risk officer Richard Chong Woo Shin as CEO of JFCI, while existing JFC shareholders are expected to receive JFCI shares upon transaction completion.
  • The proposed listing remains subject to regulatory approvals from the HKEX Listing Committee, with JFC cautioning that final terms and timing of the separation remain uncertain.
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Jollibee Picks Hong Kong Over US for International Unit Listing

Philippine fast-food giant Jollibee Foods Corp. is pivoting to a Hong Kong listing for its international unit, abandoning an earlier plan to sell shares in the US.

·New York, United States
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Channel News Asia broke the news in Singapore, Singapore on Tuesday, September 1, 2026.
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