Formal roadshows begin for WH Group's IPO

Bankers have set the price range for Hong Kong's largest IPO in four years and started travelling to meet investors. So far, demand for the pork producer appears robust.

Formal roadshows begin for WH Group's IPO

Syndicates kicked-off formal roadshows for WH Group's looming share sale, which is set to rank as Asia’s largest initial public offering in four years and could yet raise more than $6 billion.

Some 3.65 billion shares will be offered on April 22 at between HK$8 and HK$11.25, with 80% consisting of new shares and the remainder being sold by the Henan-based pork producer’s existing shareholders, including Goldman Sachs, Temasek, CDH Investments and...

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