WH Group: from dud to darling to dud

The Henan-based pork producer's shares have dropped below the IPO price just three months after it floated its shares, and a further decline is possible in coming weeks.

WH Group: from dud to darling to dud

It went from dud to darling in just three months. But now, three months further down the line, the pendulum appears to have swung back in the other direction for WH Group, with shares in the Henan-based pork producer now trading well below its IPO price.

After a highly publicised, failed first attempt at coming to market, pork producer WH Group sliced its offering and valuation, fired 27 banks on the syndicate, and finally managed...

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