News Snapshot:
FILE PHOTO: A staff member attends to customers at a Haidilao hotpot restaurant in Beijing, China October 11, 2021. REUTERS/Tingshu Wang Reuters BEIJING (Reuters) - China's Haidilao, which operates a chain of hotpot restaurants, said its billionaire founder Zhang Yong has stepped down as CEO and will shift his focus to long-term strategy planning. The move, which comes amid efforts by Haidilao to slash store numbers, has seen Yang Lijuan, 43, formerly deputy CEO and chief operating officer, take the helm as of March 1. Li Yu, 36, was named COO of its mainland China operations while Wang Jinping, 38,...
