Huishan Dairy Holdings Co Ltd is set to launch an initial public offering in Hong Kong to raise about $1 billion, the Financial Times reported on Tuesday. Headquartered in Shenyang, Liaoning province, Huishan hopes to launch pre-IPO marketing work on Monday. It will submit its application before the Hong Kong Stock Exchange’s listing committee on Thursday [19 August 2013]…Full-text article: China Daily Aug 2013

Key point

  • In 2011, a Swiss company purchased stake in Huishan Dairy and hopes to have 500,000 dairy cows after the IPO

ChinaAg Comment

  • In January 2013, Huishan Dairy introduced its first infant formula milk powder product

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