Super Hi International Holding Ltd (Ticker: HDL US) is a restaurant company that operates the Chinese hotpot restaurant chain Haidilao in the international market. The company is a spin-off of Haidilao, trading in Hong Kong since 2022 under the ticker 9658.HK. Super Hi International Holding Ltd will list on May 17, 2024, in the United States. The firm is selling 2.69 million American Depositary Shares (ADS) at the price of $19.56 per ADS. The IPO raised $52.7 million, giving the Singapore-based company a valuation of $1.26 billion. The offering is managed by Morgan Stanley and Huatai Securities. The proceeds will be primarily used to expand the company's restaurant network globally.