“Haidilao restaurant operator Super Hi’s shares surge 38% in strong US market debut”
May 20, 2024
“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