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“Haidilao restaurant operator Super Hi’s shares surge 38% in strong US market debut”

“Super Hi International jumped 38% in its debut on Nasdaq, giving the operator of Chinese hotpot restaurant chain Haidilao a valuation of about $1.74 billion.

Shares opened at $27 per share compared with the initial public offering (IPO) price of $19.56 per share. The Chinese restaurant brand on Thursday raised $52.7 million by selling nearly 2.7 million American Depositary Shares…”

https://finance.yahoo.com/news/haidilao-restaurant-operator-super-shares-161017753.html

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