Fosun International’s Club Med Files for Hong Kong IPO

Fosun International said on August 28 that its Club Med Lifestyle Group has filed for a main-board listing on the Hong Kong Stock Exchange, according to Jiemian News. The filing would make the resort operator an independent listed company after Club Med was taken private in 2015, listed in Hong Kong in 2018 as part of Fosun Tourism Group, and delisted again in March 2025. The prospectus says Club Med operated 69 premium all-inclusive resorts across more than 40 countries and regions on six continents as of the filing, with 2025 revenue of 1.949 billion euros, up from 1.862 billion euros in 2023 and 1.923 billion euros in 2024. Net profit fell to 10.917 million euros in 2025 from 68.768 million euros in 2023, while average daily bed prices rose to 261 euros in the first half of 2026 from 220 euros in 2023. The group said it plans to use IPO proceeds to expand its global resort network, upgrade products, build digital and AI capabilities, and strengthen its capital structure and operations.