<IPO>MUYUAN (002714.SZ) Mulling Secondary Listing in HK This Yr Soonest, Raising Min. US$1B
MUYUAN (002714.SZ), one of the world&#39;s largest pig breeders and pork producers, is weighi...
MUYUAN (002714.SZ) , one of the world's largest pig breeders and pork producers, is weighing a secondary listing in Hong Kong to raise at least US$1 billion, Bloomberg quoted sources as saying. The company is pursuing to hire banks, with an aims to go public as early as this year.
MUYUAN, founded in 1992, was listed on the Shenzhen Stock Exchange in 2014. The company's share price has slumped by about 3% so far this year, with a market cap of approximately RMB204 billion (approximately HKD218 billion).
Its Hong Kong-listed peer, blue-chip stock WH GROUP (00288.HK) , has a latest market cap of approximately HKD88.657 billion. WH GROUP will announce its full-year results on March 25.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-03-10 16:25.) (A Shares quote is delayed for at least 15 mins.)
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