On September 22th, 2020, Huazhu Group Limited has successfully completed its secondary listing on the main board of HKEx, raising a total fund of around HK$ 6.07 billion.

 

Goldman Sachs and CMB International acted as joint sponsors, joint global coordinators, joint bookrunners and joint lead managers of this offering.

 

Cleary Gottlieb Steen & Hamilton (Hong Kong), JunHe LLP and Maples and Calder (Hong Kong) LLP acted as the legal advisors to the issuer on Hong Kong and U.S. laws, PRC law and Cayman Islands law respectively. The legal team from JunHe was led by partners Shao Chunyang and Li Qi.

 

Freshfields Bruckhaus Deringer and Jingtian & Gongcheng acted as the legal advisors to the underwriters on Hong Kong and U.S. laws and PRC law respectively. The team of Freshfields was led by partners Richard Wang and Calvin Lai, meanwhile the team of Jingtian & Gongcheng was led by partners Ling Tezhi.

 

Deloitte Touche Tohmatsu acted as the reporting accountants.

 

Founded in 2005, Huazhu Group is a fast-growing multi-brand hotel group in China with international operations. As of the end of 2019, it was China’s second largest hotel group and the world’s ninth largest in terms of number of hotel rooms operated. Its American Depositary Shares have been listed on the NASDAQ since 2010.