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【Shanghai, Ch】Multiple Shanghai Outlets of Xiao Nan Guo Reportedly Suspend Operations Abruptly; Deposits and Prepaid Card Balances Unrefundable; Stock Price Plunged Nearly 30%

February 9, 2026 by JemInfo_JewelryGem

Editor’s NoteThis article reports on the sudden closure of multiple “Xiao Nan Guo” restaurant outlets in Shanghai and the subsequent sharp decline in…

Categories Design & Trends, Retail & Market Tags business suspension, catering industry, Consumer Rights, deposit, Franchise, Hong Kong Stock, Liquidity, prepaid card, restaurant closure, Shanghai, stock plunge, Xiao Nan Guo
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