WH Group rises in trading debut

Shares in the pork producer rose 7% in its trading debut in Hong Kong, although the company insists the big picture is far more important than day-to-day stock movement.

WH Group rises in trading debut

WH Group shares rose in its market debut in Hong Kong after the pork producer secured $2.05 billion in an initial public offering of shares in its second attempt last week.

Shares in the pork producer opened at HK$6.20 and rose 7.4% to HK$6.66 by the end of the trading day Tuesday. The listing comes amid a rebound in local stock markets. Hong Kong’s Hang Seng Index is up 5% so far this...

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