26 March 2014
Sunshine 100 successfully completed its Hong Kong IPO

Sunshine 100 China Holdings Ltd. (“Sunshine 100”) was successfully listed on the Main Board of the Stock Exchange of Hong Kong Limited on March 13, 2014. Sunshine 100 issued 500 million shares or 25% of its enlarged capital (pre-greenshoe) at the price of HKD 4.00 per share, raising total proceeds of USD 260 million. The deal is the largest Hong Kong IPO by a PRC mainland real estate developer since 2013 in terms of deal size. CICC acted as Lead Global Coordinator, Sponsor and Bookrunner in the transaction, and also served as Sole Settlement Agent and Stabilization Manager.