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 since Alibaba in 2014. This week also had some of the quarter's worst trading. ...read more
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
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
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 another large...read more
US IPO Weekly Recap: 8-IPO week caps record 1Q with a flurry of Chinese deals
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 since Alibaba in 2014. This week also had some of the quarter's worst trading. ...read more
GreenTree Hospitality prices IPO at $14, below the range
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, 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
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 another large...read more