Slaughter and May advised Citi on the US$300 million secondary placing of Tsingtao Brewery shares

Slaughter and May, Hong Kong, advised Citigroup Global Markets Limited, as the placing agent, on a US$300 million secondary block trade by shareholders of Tsingtao Brewery Company Limited (Tsingtao Brewery). The placing was completed on 4 May 2021.

Tsingtao Brewery is a beer producer and distributor in China, which was founded in 1903 and is headquartered in Qingdao, China. Tsingtao Brewery has been listed on the Main Board of the Stock Exchange of Hong Kong since 15 July 1993, being Hong Kong’s first H-share listing.