Shanghai Jin Jiang International Hotels Co., Ltd. (Jin Jiang Hotels (600754.SH)) saw its Hong Kong IPO prospectus, submitted on June 29, lapse on December 29 after a six-month period, with Oriental Securities International acting as the sole sponsor at the time of filing. The prospectus indicated that, as of December 31, 2024, Jin Jiang Hotels had 13,416 hotels in operation, offering a total of 1,290,988 guest rooms. According to Frost & Sullivan, by the number of hotels in operation, the company is the largest hotel group in China and globally; based on the number of guest rooms in operation as of the same date, it is also the largest in China and the second largest globally.
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