Chinese court sign up to Nasdaq rises 13.6%

Our News (reporter Tao Jian) domestic first multi-brand budget hotel hanting chain hotel U.S. time March 26 on the Nasdaq stock Exchange, the financing amount of 110 million U.S. dollars. After the Chinese court listed, the opening day trading volume has reached 5.8287 million shares, the closing price of 13.92 U.S. dollars, higher than the offering price of 1.72 U.S. dollars, or 13.63%, the highest transaction prices of 15.50 U.S. dollars, the minimum of 13.49 U.S. dollars. It is understood that the Han court has three major brands: All Seasons Hotel, Hanting Express Hotel and Sea Friends Inn. As of December 31, 2009, Han court has operated 266 hotels in 39 cities in China, with a number of rooms reaching 28360.