Slaughter and May has advised Credit Suisse on the HK$362.5 million secondary placing and sale of shares in Xiabuxiabu Catering Management

Slaughter and May has advised Credit Suisse (Hong Kong) Limited, as placing agent, in relation to the HK$362.5 million secondary placing and sale of shares in Xiabuxiabu Catering Management (China) Holdings Co., Ltd. The placing and sale of shares represents approximately 5% of the issued share capital of in Xiabuxiabu Catering Management (China) Holdings Co and was undertaken by way of an accelerated bookbuilding process to institutional investors.

Xiabuxiabu Catering Management (China) Holdings Co. operates fast casual hot pot restaurants and provides catering services in China and is listed on the Main Board of the Stock Exchange of Hong Kong Limited.