[New Stock Listing] HAID GROUP is reported to have selected banks to arrange for its Hong Kong listing, with the earliest listing expected next year
HAID GROUP has selected banks to arrange for its Hong Kong listing, which is expected to take place as early as next year. The company is collaborating with CICC, GF Securities, and JPMorgan Chase to discuss the stock issuance, with specific scale and timing yet to be determined. HAID GROUP was listed in Shenzhen in 2009, with a market value of approximately 96 billion yuan, and was established in 1998, employing over 40,000 people, with businesses covering animal nutrition, breeding, vaccines, and more
According to a report from Economic Information Daily on the 5th, citing informed sources, Chinese animal and fish feed producer HAID GROUP has selected banks to arrange for its Hong Kong listing. Informed sources indicated that HAID GROUP is collaborating with CICC, GF Securities, and JPMorgan Chase on the stock issuance, with the listing potentially taking place as early as next year. Relevant discussions are still ongoing, and details such as the issuance scale and timing may still change. Representatives from HAID GROUP, CICC, and GF Securities did not respond to requests for comment. JPMorgan Chase declined to comment. HAID GROUP was listed in Shenzhen in 2009, with a market capitalization of approximately 96 billion yuan. Information on HAID GROUP's website shows that the company was established in 1998, employs over 40,000 people, and its business covers the entire modern agricultural and animal husbandry industry chain, including animal nutrition, animal breeding, veterinary vaccines, smart farming, and food processing. (bi)
