Hotel Operator Greentree Getting Ready to Check Out of New York?

Company releases latest results two months later than usual, blaming delay on its recent exploration of ‘alternative listings’ Key points: Greentree’s exploration of ‘alternative listings’ reflects Beijing’s recent signals of displeasure at Chinese companies listing in New York Company is sharply undervalued compared with peers, despite business surpassing pre-Covid levels in June By Doug Young The latest quarterly results from hotel operator Greentree Hospitality Group Ltd. (GHG.US) show that China’s hotel industry is well on the road to recovery as the nation’s Covid-19 situation remains under control. But the more…

Read MORE »