Ting Hsin Weighing $800 Million IPO of KFC's Chinese Rival

(Bloomberg) — Ting Hsin International Group, the Taiwanese food company behind the Master Kong brand, is weighing a Hong Kong initial public offering of its restaurant business in mainland China, people with knowledge of the matter said. The firm has invited banks to pitch for a role on the listing, said the people, who asked not to be identified as the information is private. The Taiwanese company may include restaurant chains Dicos, a prominent fried chicken brand, and Master Kong Chef's Table, which specializes in Taiwan-style beef noodles, in the Hong Kong listing, the people said. The IPO could raise…