Deacons advises on GEM IPO for another leading residential care home operator

Deacons has advised the sole sponsor Guotai Junan Capital Limited and underwriters in relation to the listing of Hang Chi Holdings Limited on the Growth Enterprise Market of the Hong Kong Stock Exchange by way of share offer. The listing seeks to raise up to HK$80 million (subject to adjustment).

Hang Chi is an established operator of elderly residential care homes in Hong Kong providing comprehensive services through its network of “Shui On 瑞安” and “Shui Hing 瑞興” homes across four districts in Hong Kong.

Hang Chi published its IPO prospectus on 28 June 2017. Dealings in its shares are expected to commence on 12 July 2017.

Deacons’ team is led by corporate finance partner Sabrina Fung. Earlier this year, Sabrina also advised Guotai Junan Capital Limited on Pine Care Group’s IPO, another leading elderly residential care home operator in Hong Kong.

Key Contacts

Sabrina Fung

Partner | Corporate Finance

Email or call +852 2825 9478