--- title: "Club Med IPO Could Raise At Least $500 Million" type: "News" locale: "en" url: "https://longbridge.com/en/news/286951033.md" description: "Fosun International is planning a major IPO for Club Med SAS in Hong Kong, potentially raising at least $500 million. The company has engaged BNP Paribas, HSBC, and JPMorgan for the listing. Club Med, a key asset of Fosun Tourism Group, operates around 70 resorts globally. The IPO timing is crucial as Hong Kong's market is gaining momentum, with over $20 billion raised in 2023. CEO Stephane Maquaire indicated a listing could occur by the end of this year or in 2027." datetime: "2026-05-19T17:48:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286951033.md) - [en](https://longbridge.com/en/news/286951033.md) - [zh-HK](https://longbridge.com/zh-HK/news/286951033.md) --- # Club Med IPO Could Raise At Least $500 Million Fosun International (FOSUY) may be setting the stage for a major Hong Kong listing, with people familiar with the matter saying the company has selected BNP Paribas, HSBC and JPMorgan to work on a planned IPO of Club Med SAS. The holiday resort operator could raise at least $500 million, although the final size may still change as deliberations continue. More banks could also be added to the deal, while Fosun did not respond to requests for comment and representatives for the three banks declined to comment. Club Med remains one of Fosun's most recognizable tourism assets, sitting under Fosun Tourism Group and operating around 70 resorts globally across sun and ski destinations. The brand is known for all-inclusive packages covering food, drinks and leisure activities, giving investors a business tied directly to premium travel and resort demand. Fosun acquired what was then Club Mediterranee in 2015 through a consortium deal valued at 939 million, or $1.1 billion, after a bidding war with Italian investor Andrea Bonomi that lasted more than a year. The timing could be important. Fosun Tourism listed in Hong Kong in 2018, then moved to delist its shares in March 2025 as China's slowing economy weighed on tourism. Bloomberg News reported in March that Club Med was considering Hong Kong for a potential IPO, while CEO Stephane Maquaire told Le Figaro that a listing could happen at the end of this year or in 2027, possibly in Hong Kong or Amsterdam. Hong Kong's IPO market is also showing stronger momentum, with more than $20 billion raised through first-time share sales so far this year, compared with about $3.2 billion over the same period in 2025. ### Related Stocks - [00656.HK](https://longbridge.com/en/quote/00656.HK.md) - [BNPQY.US](https://longbridge.com/en/quote/BNPQY.US.md) - [00005.HK](https://longbridge.com/en/quote/00005.HK.md) - [HSBC.US](https://longbridge.com/en/quote/HSBC.US.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [DTIW.SG](https://longbridge.com/en/quote/DTIW.SG.md) - [HSBA.UK](https://longbridge.com/en/quote/HSBA.UK.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) ## Related News & Research - [Aperture AC Announces the Pricing of $90,000,000 Initial Public Offering | APUR Stock News](https://longbridge.com/en/news/287124227.md) - [Cerebras IPO Euphoria Sends CBRS Stock Into Rare Air](https://longbridge.com/en/news/286763495.md) - [ZAWYA: Ajman Tourism signs a strategic partnership agreement with DERTOUR Group](https://longbridge.com/en/news/286860346.md) - [Cerebras IPO: Here's what a $5,000 investment could look like in 5 years](https://longbridge.com/en/news/286323972.md) - [ZAWYA: Ajman Tourism signs a strategic partnership agreement with DERTOUR Group to strengthen its presence in the European market](https://longbridge.com/en/news/286788398.md)