iQiyi, GreenTree Hospitality target US listings

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By Jonathan Breen
28 Feb 2018

Chinese video streaming platform iQiyi filed a draft IPO prospectus with the US market regulator on Tuesday. It is aiming to raise up to $1.5bn from its listing this year.

The company has put together a six-strong syndicate team to run and underwrite the flotation, which will comprise an unspecified number of American Depository Shares (ADS).

Goldman Sachs is left lead on the Nasdaq-headed IPO, working alongside Bank of America Merrill Lynch and Credit Suisse at the ...

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