Date
22 October 2017

Shuanghui to apply for US$6 bln HK IPO, SCMP says

Shuanghui International, China’s largest meat processor, plans to apply as early as next week for a listing on the Hong Kong stock exchange to raise up to US$6 billion, the South China Morning Post reported Monday, citing unidentified sources. Shuanghui, which paid US$4.7 billion for US pig farmer Smithfield Foods last year, will file the official listing application to Hong Kong Exchanges and Clearing next week and wait for a hearing after the Lunar New Year, the report said. If successful, the firm would list no later than April, the report quoted the sources as saying.

– Contact HKEJ [email protected]

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