# Nanjing market supervision

Food‑safety warning clouds Ban U hotpot’s Hong Kong IPO push

Nanjing regulators detected excessive bifenthrin residue on oranges served at a Ban U hotpot branch, a finding that collides with the chain's quiet‑period preparations for a Hong Kong IPO. The incident highlights how food‑safety lapses and governance questions can complicate capital‑markets plans for consumer brands in China.