What is Muyuan Foods and when did it debut in Hong Kong?

Muyuan Foods is China's largest pig breeder and its shares debuted on the Hong Kong Stock Exchange on Friday.

How much capital did Muyuan Foods raise from its IPO?

Muyuan Foods raised HK$10.7 billion, which is approximately $1.4 billion, from its initial public offering.

What was the opening price for Muyuan Foods shares in Hong Kong?

The shares of Muyuan Foods were set to open at HK$39, matching their offer price.

Home / Business and Economy / Muyuan Foods IPO Debuts Flat in Hong Kong

Muyuan Foods IPO Debuts Flat in Hong Kong

6 Feb

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Summary

Muyuan Foods raised HK$10.7 billion in its IPO.
The company's shares will open at HK$39.
Shenzhen Han's CNC Technology shares are expected higher.

Muyuan Foods IPO Debuts Flat in Hong Kong

Muyuan Foods, a prominent Chinese pig breeder, commenced trading on the Hong Kong Stock Exchange on Friday. The company successfully raised HK$10.7 billion, equivalent to $1.4 billion, marking the largest share sale in Hong Kong for the year. Its shares debuted at HK$39, matching the initial offer price.

In parallel, Shenzhen Han's CNC Technology, a specialist in printed circuit board equipment, also saw its shares set for a positive opening. These shares were anticipated to trade higher than their HK$95.80 offer price, opening at HK$106. The reporting for these financial events originated from Hong Kong and Singapore.

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