Haidilao International Holding, one of China’s most popular hotpot chains, successfully boarded on the Hong Kong Stock Exchange on September 26, 2018 and became the most expensive stock in Hong Kong’s listing history. Among the 425 million shares offered worldwide, 38.208 million shares were sold in Hong Kong and 386 million shares were in international offering. The offering price was HK$17.8 per share, and 1,000 shares were included per lot. The announcement revealed that Haidilao’s public offering in Hong Kong had been 5.56 times oversubscribed.

Grandall Shanghai has been retained as counsel to the sponsor of this project and formed a professional team to serve and support Haidilao’s successful IPO. Members of the team include Wu Xiaoliang, Wei Wei, Li Qin, Li Junpu, Song Hongchang and Qi Wei.