Huishan Dairy plans to raise up up to $1.3 bln Hong Kong IPO
date:Sep 10, 2013
n, an analyst at KGI Securities in Hong Kong. Everyone is trying to build their own farms, looking to buy land, buy herds.

Among Huishan's current investors is Hong Kong billionaire Cheng Yu Tung, whose family controls the Chow Tai Fook jewellery empire.

Huishan Dairy is offering 3.79 billion shares in a range of HK$2.28-$2.67 each, valuing the deal at up to HK$10.12 billion, said IFR, a Thomson Reuters publication.

Bookbuilding is set to begin on Tuesday, with pricing slated for Sept. 19.

T
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