eHi falls on day one after $120m IPO
China’s eHi Car Services made its debut on the New York Stock Exchange on November 18 after pricing its $120m IPO at the bottom of the range. The company’s shares then came under pressure on their trading debut, closing the day 2.5% below the issue price.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts