Previous Close | 19.380 |
Open | 19.260 |
Bid | 19.420 x 0 |
Ask | 19.460 x 0 |
Day's Range | 19.120 - 19.540 |
52 Week Range | 11.940 - 23.950 |
Volume | |
Avg. Volume | 16,286,301 |
Market Cap | 108.47B |
Beta (5Y Monthly) | 0.54 |
PE Ratio (TTM) | 21.38 |
EPS (TTM) | 0.910 |
Earnings Date | Mar 26, 2024 |
Forward Dividend & Yield | 0.82 (4.25%) |
Ex-Dividend Date | Jun 07, 2024 |
1y Target Est | 21.97 |
(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 BloombergOne 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 Five Days a Week in OfficeTesla Shareholder Group Slams El
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.