Azure Capital Partners, backed by Hong Kong-listed H World Group Limited and leading institutional investors, has secured new investment from Chow Tai Fook Enterprises Limited (CTFE) to expand its operations in China’s hospitality and multifamily sectors. CTFE, the flagship private investment holding company of Hong Kong’s Cheng Family, invested at both the corporate level and in Azure’s investment vehicles. Established in 2020, Azure Capital focuses on select service hotels and rental apartments in first-tier Chinese cities, leveraging supportive housing policies and rising domestic travel demand. CTFE’s investment enhances Azure’s ability to capitalise on the growing lodging market, supported by CTFE’s extensive global real estate portfolio.