date:Apr 29, 2014
Chinese pig meat processing giant WH Group has more than halved the number of shares on offer it its flotation on the Hong Kong Stock Exchange.
The processor, which comprises the Shuanghui Group and includes the US pig meat processor Smithfield, has cut the number of shares on offer from 3,654,980,000 to 1,299,650,000.
The underwriters said that the number of shares on offer has been cut because of current market conditions.
The offer price remains the same at a maximum of HK$11.25 per share