According to people familiar with the matter, Haitian Wei, one of China's largest condiment producers, is considering a second listing in Hong Kong, which may raise at least 1.5 billion US dollars. People familiar with the matter said that the company, headquartered in Guangdong, is discussing with consultants the possibility of issuing shares in Hong Kong, which may be listed in the first half of next year. Haitian shares listed in Shanghai have risen nearly 20% this year, with a market value of about 35 billion US dollars. People familiar with the matter, who did not wish to be named due to undisclosed information, said discussions are still ongoing and the scale of fund-raising will depend on market conditions. Haitian's representatives did not immediately respond to requests for comment.

Zhitongcaijing · 10/15 13:33
According to people familiar with the matter, Haitian Wei, one of China's largest condiment producers, is considering a second listing in Hong Kong, which may raise at least 1.5 billion US dollars. People familiar with the matter said that the company, headquartered in Guangdong, is discussing with consultants the possibility of issuing shares in Hong Kong, which may be listed in the first half of next year. Haitian shares listed in Shanghai have risen nearly 20% this year, with a market value of about 35 billion US dollars. People familiar with the matter, who did not wish to be named due to undisclosed information, said discussions are still ongoing and the scale of fund-raising will depend on market conditions. Haitian's representatives did not immediately respond to requests for comment.