On Feb 9, 2018, A-Living Services (1996.HK ) was successfully listed on the main board of the Hong Kong Stock Exchange. It was the first time that CSRC has approved a red chip HK Listed company’s spin off H-Share IPO of a certain business segment.
Huatai Financial was the Joint Sponsor, Joint Global Coordinator, Joint Book Runner of the deal. We enabled A-Living to become the only Chinese property management company with two top property developers as the long-term strategic shareholders. The dual-brand strategy has presented an impressive equity story to the market and attracted strong investor demand.