News Snapshot:
(Bloomberg) -- Chinese snack maker Weilong Delicious Global Holdings Ltd. is weighing kicking off its long-awaited Hong Kong initial public offering, which could raise about $500 million, as soon as October, according to people familiar with the matter. The company could seek stock exchange approval by the end of this month and start gauging investor demand afterward, said one of the people, asking not to be identified as the information is private. Weilong, which refiled a preliminary prospectus in June, is seeking a valuation of about $4.7 billion in the listing, the people said. Deliberations are ongoing and details of...
