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GHG News

US IPO Weekly Recap: 8-IPO week caps record 1Q with a flurry of Chinese deals

IQ

Eight US IPOs raised $3.3 billion this week, including four Chinese deals and three biotechs. iQIYI raised $2.3 billion, making it the largest Chinese IPO...read more

GreenTree Hospitality prices IPO at $14, below the range

GreenTree Hospitality Group logo

GreenTree Hospitality Group, which franchises over 2,000 economy and mid-scale hotels in China, raised $143 million by offering 10.2 million ADSs at $14, below the range of $16 to $18. GreenTree Hospitality Group plans to list on the NYSE under the symbol GHG....read more

China's GreenTree Hospitality Group slashes share offering by 47% ahead of IPO

GreenTree Hospitality Group logo

GreenTree Hospitality Group, which franchises over 2,000 economy and mid-scale hotels in China, slashed the number of shares it plans to offer in its upcoming IPO on Monday. The Shanghai, China-based company now plans to raise $173 million by offering 10.2...read more

US IPO Week Ahead: Largest Chinese deal since Alibaba leads 8-IPO week

GHG

Eight companies aim to raise a combined $3.5 billion in the short holiday week. Four Chinese IPOs lead the way, headlined by iQIYI (IQ), planning to raise over $2 billion in the largest Chinese offering since Alibaba in 2014. It is joined by...read more