CHINA RESOURCES MIXC LIFESTYLE SERVICES LIMITED SUCCESSFULLY LISTED ON HKEX
Latest Update:
9 th December, 2020

China Resources Mixc Lifestyle Services Limited(" China Resources Mixc Life "or" The Company ";  Stock code: 1209.HK) was officially listed and began trading on the main board of the Stock Exchange of Hong Kong Limited (" THE Hong Kong Stock Exchange ") with a lot of 200 shares.  The company's shares traded actively throughout the day, with a total turnover of over HK $5 billion, one of the top five largest shares traded in Hong Kong today, closing at HK $28.00, up about 26% from its listing price of HK $22.30.  

As a community and asset service provider and platform with strong retail consumption attributes, China Resources Mixc Lifestyle has been favored by investors continuously since its ipo. It was oversubscribed by nearly 12 times in the international placement and introduced international well-known institutional investors.  It includes seven cornerstone investors, including sovereign funds GIC, Hillhouse, Ping An, Runhui, Guocao, Matthews and GLP.  In terms of overorders, the public offering was oversubscribed by nearly 30 times, a recent record for a large property management ipo that raised more than HK $10 billion.  As a matter of fact, the public offering of China Resources Mixc Lifestyle is also the Hong Kong listing project of property management enterprise with the largest net fund raised by a central enterprise so far in 2020, attracting close attention from investors at home and abroad.  

Mr. Yu Linkang, Executive Director and President of China Resources Mixc Lifestyle said:  "We would like to thank the investors of China resources from all walks of life from life support and attention. China Resources Mixc Lifestyle on the stock exchange main board listed not only marks the company set foot on the international capital market, more of the company's long-term development lay the solid foundation. Looking forward to the future, we are committed to build around living life, consumption and office service platform.  Through our platform, we hope to improve the quality of life of property users and energize property operations for asset owners, and strive to break through in the industry, expand market share and maximize value for shareholders."  

China Resources Mixc Lifestyle Limited (" China Resources Mixc Lifestyle ")  

China Resources Mixc Lifestyle is a leading property management and business operation service provider in China.  China Resources Mixc Lifestyle provides property management and value-added services to one of the largest residential property portfolios.  China Resources Mixc Lifestyle also manages and operates a growing range of commercial properties, including shopping centres and office buildings.  As of June 30, 2020, China Resources Mixc Lifestyle provides property management services for residential and commercial properties with a gFA of about 106.6 million square meters, while China Resources Mixc Lifestyle provides commercial operation services for shopping malls with a GFA of about 5.6 million square meters.  With its leading brands, extensive resources and rich experience, outstanding technological capabilities and attractive membership system, together with China Resources Group, China Resources Land and other partners, China Resources Mixc Lifestyle is committed to building a life service platform for living, consumption and office.  The company is also committed to further increase the vitality of residential and commercial properties managed by China Resources Mixc Lifestyle through the unique business model of China Resources Mixc Lifestyle, and create value for its "whole customer" group. 

Latest Update:
9 th December, 2020