China's Anjoy Foods plans to raise up to $336.3m in HKEX listing

China's Anjoy Foods plans to raise up to $336.3m in HKEX listing

FILE PHOTO: A Stock Exchange of Hong Kong (HKEX) sign is seen at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang/File Photo

China’s Anjoy Foods Group aims to raise up to HK$2.64 billion ($336.31 million) from its Hong Kong listing, a regulatory filing showed on Wednesday.

The frozen food maker will offer about 40 million H-shares under the issue, with a maximum offer price of HK$66 apiece.

The move comes at a time of heightened interest from Mainland Chinese firms for secondary listing in Hong Kong, as companies seek to raise capital for their global expansion by listing in the financial hub.

The Hong Kong stock exchange (HKEX) is also planning to attract listed companies in Southeast Asia and the Middle East for secondary listings in Hong Kong.

The company has applied to the HKEX for the listing, it said.

Reuters

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter


This is your last free story for the month. Register to continue reading our content