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Jun 28, 2022 03:08 PM
BUSINESS

Weilong Delicious to Revive $500 Million Hong Kong IPO

The Hong Kong Stock Exchange has seen a significant drop in the number of IPOs this year. Photo: Bloomberg
The Hong Kong Stock Exchange has seen a significant drop in the number of IPOs this year. Photo: Bloomberg

(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 of the year, according to people familiar with the matter.

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