Conyers provided Cayman Islands legal advice to Huazhu Group Limited (“Huazhu Group”) in connection with the secondary listing of shares in the Company on the Main Board of The Hong Kong Stock Exchange Hong Kong Limited. The transaction raised proceeds of US$783 million (before the exercise of the Over-allotment Option).
Huazhu Group is a leading and fast-growing multi-brand hotel group in China with leased and owned, manachised and franchised models. Its American Depositary Shares are listed on the NASDAQ Global Select Market under the symbol “HTHT” on September 15, 2010.
Partner Richard Hall of Conyers’ Hong Kong office advised on the matter working alongside Cleary Gottlieb Steen & Hamilton (Hong Kong).
This matter was nominated at the ALB Hong Kong Law Awards 2021 for Equity Market Deal of the Year.