wh group

Chinese private equity firm sells its stake in the pork producer two years after the company’s IPO.

The Henan-based pork producer's shares have dropped below the IPO price just three months after it floated its shares, and a further decline is possible in coming weeks.

Chairman and CEO Wan Long tells FinanceAsia how the Chinese pork producer is pushing ahead with its ambitious global reorganisation.

China's top pig farmer admits that the oversized 29-bank syndicate on WH Group's first IPO try sealed the deal's failure.

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.

The Chinese pork producer has raised $2.05 billion, with the issuer experiencing strong retail uptake and anchor support in the restructured deal.

The Chinese pork producer has lowered the valuation for its planned Hong Kong listing to a fixed price of HK$6.20 per unit from HK$8 to HK$11.25.

It could yet succeed a second time, helped by improved market sentiment, a slimmed-down syndicate team, tighter pricing and record quarterly earnings.

The most highly anticipated IPO since Facebook looms closer. China’s internet industry offers enormous potential but also has its risks.