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Chinese Fresh Food Chain Qiandama Weighs Hong Kong IPO


Bloomberg News, Bloomberg News
(Bloomberg) Chinese fresh food chain operator Qiandama is considering an initial public offering in Hong Kong as soon as this year, according to people familiar with the matter.
The Guangzhou-based company had discussed a share sale with potential advisers, said the people, who asked not to be identified as the information is private. An offering could raise about $400 million to $500 million, one of the people said.
Qiandama is also planning to raise about 2 billion yuan ($305 million) in a pre-IPO funding round that could value the firm at as much as 25 billion yuan, the people said. ....

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Chinese Fresh Food Chain Qiandama Weighs Hong Kong IPO

Chinese Fresh Food Chain Qiandama Weighs Hong Kong IPO
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