Snack Maker Weilong to Revive $500 Million Hong Kong IPO


Source: thestartmagazine.com thestartmagazine.com

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(Bloomberg) -- Weilong Delicious Global Holdings Ltd. has revived its Hong Kong initial public offering, paving the way for one of the city’s biggest listings this year. The Chinese snack maker refiled a preliminary prospectus Monday evening, confirming an earlier Bloomberg News report. The filing doesn’t contain any offering details. The company could raise about $500 million in a share sale, which it may launch in the second half, according to people familiar with the matter. Discussions are ongoing and details of the IPO’s size and timing could still change, the people said, who asked not to be identified as...