Previous close | 2.6490 |
Open | 2.6900 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's range | 2.6899 - 2.6900 |
52-week range | 1.7000 - 3.0000 |
Volume | |
Avg. volume | 624 |
Market cap | 14.994B |
Beta (5Y monthly) | 0.54 |
PE ratio (TTM) | 24.45 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.11 (3.91%) |
Ex-dividend date | 07 Jun 2024 |
1y target est | N/A |
(Bloomberg) -- Super Hi International Holding Ltd., the international operator of China’s popular hot-pot chain Haidilao, is planning to boost its international footprint following a listing in the US that’s been well-received.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceOne Dead After Singapore Air Flight Hit By Severe Turbulence‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorBarclays Managers Warn Some Staff to Prepare for Fiv
After two dismal years, the U.S. IPO market is staging a strong comeback as not only new private companies are listing their stocks, but foreign companies are also choosing U.S. exchanges to debut in the market. Market participants are expecting a strong pipeline of new entrants as the current year progresses on rising hopes of a rate cut in the second half of the year, which is expected to boost sentiment around IPOs. Haidilao, which started in a small town in Sichuan in 1994, has become one of the most popular Chinese cuisine brands in the world.
The IPO price is at a discount of 9.9% from the as-converted last close of Super Hi's Hong Kong-listed shares, and gives the Singapore-based company a valuation of $1.26 billion. Haidilao, which started in a small town in Sichuan in 1994, has become one of the most popular Chinese cuisine brands in the world.