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Haidilao International Holding Ltd. (6862.HK)
| Previous close | 16.320 |
| Open | 16.260 |
| Bid | 15.340 x 0 |
| Ask | 15.360 x 0 |
| Day's range | 15.120 - 16.400 |
| 52-week range | 11.940 - 23.950 |
| Volume | |
| Avg. volume | 12,340,191 |
| Market cap | 85.617B |
| Beta (5Y monthly) | 0.51 |
| PE ratio (TTM) | 17.26 |
| EPS (TTM) | 0.890 |
| Earnings date | 27 Aug 2024 - 02 Sept 2024 |
| Forward dividend & yield | 0.82 (5.05%) |
| Ex-dividend date | 07 Jun 2024 |
| 1y target est | 21.58 |
ReutersHaidilao restaurant operator Super Hi's shares surge 38% in strong US market debut
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.
ReutersHaidilao restaurant operator Super Hi prices US IPO at $19.56 per share
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.
- Reuters
UPDATE 1-Haidilao restaurant operator Super Hi targets $1.38 bln valuation in US IPO
Super Hi International, which operates Chinese hotpot restaurant chain Haidilao outside China, said on Monday it was targeting a valuation of $1.38 billion in its initial public offering in the United States. Super Hi is looking to raise about $57.5 million by offering nearly 2.7 million American Depositary Shares at $21.35 apiece. The company will primarily use the IPO proceeds to expand its restaurant network globally.
