China Lodging Group, a leading economy hotel chain in China, filed on Friday with the SEC to raise up to $50 million in an initial public offering. The chain offers three hotel products (HanTing Express, HanTing Seasons and HanTing Hi Inn) that target distinct...read more
7 Days Group Holdings, the third largest economy hotel chain in China, will see its quiet period end next Tuesday, Dec. 29. On Nov. 19, 2009, the company raised $111 million by offering 10.1 million shares at $11, at the high end of the proposed range of $9-$11...read more
This week was the second-busiest IPO week of 2009 with network security specialist Fortinet (FTNT) making its debut on Wednesday, followed by four additional companies that began trading today. Fortinet led the group with a first day pop of 33%, climbing even...read more
Archipelago Learning (ARCL), Cloud Peak Energy (CLD), Global Defense Technologies (GTEC), and 7 Days Group (SVN) are all expected to begin trading today, marking the busiest day in IPOs since September 23 of this year, when five companies made their...read more
Economy hotel chain China Lodging Group files for $50 million IPO
China Lodging Group, a leading economy hotel chain in China, filed on Friday with the SEC to raise up to $50 million in an initial public offering. The chain offers three hotel products (HanTing Express, HanTing Seasons and HanTing Hi Inn) that target distinct...read more
7 Days Group Holdings quiet period ends December 29
7 Days Group Holdings, the third largest economy hotel chain in China, will see its quiet period end next Tuesday, Dec. 29. On Nov. 19, 2009, the company raised $111 million by offering 10.1 million shares at $11, at the high end of the proposed range of $9-$11...read more
Second-busiest IPO week this year shows mixed performance
This week was the second-busiest IPO week of 2009 with network security specialist Fortinet (FTNT) making its debut on Wednesday, followed by four additional companies that began trading today. Fortinet led the group with a first day pop of 33%, climbing even...read more
Today marks busiest day in IPOs in two months
Archipelago Learning (ARCL), Cloud Peak Energy (CLD), Global Defense Technologies (GTEC), and 7 Days Group (SVN) are all expected to begin trading today, marking the busiest day in IPOs since September 23 of this year, when five companies made their...read more