China Youran Dairy seeks US$800 million in Hong Kong IPO Toggle share menu
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China Youran Dairy seeks US$800 million in Hong Kong IPO
People walk past a bank s electronic board showing the Hong Kong share index at Hong Kong Stock Exchange, May 31, 2021. (AP Photo/Vincent Yu)
07 Jun 2021 08:55AM (Updated:
07 Jun 2021 09:02AM) Share this content
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HONG KONG: China Youran Dairy Group is aiming to raise up to US$800 million in its Hong Kong IPO by pricing its shares at between HK$6.98 to HK$8.66 each, according to regulatory filings on Monday (Jun 7).
The dairy company, backed by private equity group PAG, will finalise the share price on Thursday before listing on the Hong Kong Stock Exchange on Jun 18, the filings showed.