News Snapshot:
FAN Editor 44 mins ago Shanghai-based Atour will be hoping to benefit from a rebound in tourism in China as it gears up for a U.S. initial public offering. Wang Gang | Visual China Group | Getty Images GUANGZHOU, China — Chinese hotel chain Atour is exploring an initial public offering (IPO) in the U.S. which could value it at $2 billion, a person with knowledge of the matter told CNBC. The U.S. listing will likely take place on the New York Stock Exchange and the company is seeking to raise about $200 million to $300 million, the person said....
