Huiyuan Juice proves consumption stocks are still hot
The IPO is priced at the top end of the range for a total deal size of $308 million after attracting more than $57 billion of demand.
China Huiyuan Juice Group has priced its initial public offering at the top end of the range for a total deal size of HK$2.4 billion $308 million after overwhelming demand ensured it became not only the largest Hong Kong IPO year to date, but also the most popular.
The demand shows that Chinese consumption-related stocks remain in favour as the Mainland economy continues to churn out impressive growth figures. Sources said the smallish deal had attracted more than $57...
To continue reading, please login or register for free