Huazhu guides investors on HK$6bn listing

By Jonathan Breen
16 Sep 2020

Chinese hospitality company Huazhu Group is on track to raise around HK$6.06bn ($781.8m) from its secondary offering in Hong Kong, after sending price guidance to investors.

The Nadsaq-listed hotel group has indicated a final price of HK$297.00 per share for its float of 20.4m shares. Huazhu is set to price its Hong Kong listing later on Wednesday.

CMB International and Goldman Sachs are the deal sponsors, as well as joint global co-ordinators, bookrunners and ...

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