Less is more, says WH Group CEO

China's top pig farmer admits that the oversized 29-bank syndicate on WH Group's first IPO try sealed the deal's failure.
Large syndicates don't help, says WH chairman Wan Long
Large syndicates don't help, says WH chairman Wan Long

Wan Long, chairman and chief executive of WH Group, knows how his company’s initial public offering went from being this year’s high-profile flop to a success in just four months: he fired 27 banks.

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