Source: China – South China Morning PostFive mainland companies have filed preliminary listing applications with the Hong Kong stock exchange to raise capital, joining the flurry of Chinese start-ups that have pushed the city to the top of the global ranking for initial public offerings (IPOs).
The pack is led by Muyuan Foods, one of the world’s largest hog breeders and pork producers, which may raise up to US$1 billion through a secondary listing. Shenzhen-listed Muyuan has appointed Morgan Stanley Asia, CLSA and Goldman Sachs (Asia)…Read More