Club Med Lifestyle Group, a subsidiary of Fosun International Limited, has submitted a listing application to the Hong Kong Stock Exchange for a proposed separate listing on the Main Board, with BNP Paribas, HSBC, and J.P. Morgan as joint sponsors. The group, which operates premium all-inclusive resorts under the Club Med brand, reported revenue of EUR 1.95 billion in 2025, up from EUR 1.86 billion in 2023, and adjusted EBITDA of EUR 390 million, with the margin rising to 20.2%. It currently operates 69 resorts worldwide and expects to expand to approximately 85 resorts by 2030. Proceeds from the listing will primarily fund global resort network expansion, vacation offering upgrades, and digital and AI capabilities, with the remainder used for capital structure optimization and operations. Chairman Xu Xiaoliang called the filing an important milestone for Fosun's tourism business.
BNP Paribas SA
HSBC Holdings PLCFosun International LtdFosun subsidiary Club Med Lifestyle Group filed for a separate Hong Kong listing, a milestone for Fosun's tourism business.
JPMorgan Chase & Co