Hotel operator Huazhu Group set to open 2.7% higher in Hong Kong debut

H World

22/09/2020 02:32

HONG KONG, Sept 22 (Reuters) - Shares of franchised hotel
operator Huazhu Group Ltd  1179.HK  are set to open at HK$305
each in their Hong Kong debut, up 2.7% from their offer price of
HK$297.
    Huazhu Group  HTHT.O  offered 20.4 million shares, raising
HK$6.06 billion ($782 million) in its secondary offering in Hong
Kong.   
($1 = 7.7500 Hong Kong dollars)

 (Reporting by Donny Kwok; Editing by Muralikumar Anantharaman)
 ((donny.kwok@thomsonreuters.com; +852 2843 6470; Reuters
Messaging: donny.kwok.reuters.com@reuters.net))