Date
23 October 2017

Shuanghui Int’l plans up to US$6 bln HK IPO, Reuters says

Shuanghui International Holdings Ltd. (000858.CN), China’s largest meat processing firm, has hired six investment banks for a Hong Kong initial public offering (IPO), with plans to raise up to US$6 billion, Reuters reported Wednesday, citing people familiar with the matter. The deal could mark the largest offering in about four years in the Asia Pacific region ex-Japan, according to the report. The six arranging institutions are BOC International, CITIC Securities International, Goldman Sachs, Morgan Stanley, Standard Chartered and UBS. The IPO is expected in the second quarter of 2014, the report said.

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