China Lodging Group, which operates a leading chain of economy hotels in China under the HanTing brand, raised $110 million on Thursday by offering 9 million ADS at $12.25, at high end of the range of $10.25 to $12.25. China Lodging Group is expected to begin trading Friday on the NASDAQ under the symbol HTHT. Goldman Sachs and Morgan Stanley acted as lead managers on the deal.
