Dali Foods takes small serving as IPO raises $1.1b
Food and beverage group prices low amid strong price sensitivity shown by institutional investors, partly due to market turbulence.
November 15, 2015
Chinese food and beverage manufacturer, Dali Foods, has begun pre-marketing an initial public offering in Hong Kong, which should not only provide welcome diversification from the year's heavy supply of financial sector paper, but may also benefit from improving market sentiment.
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