Muyuan Prices Hong Kong IPO at Top of Range, Seeks HK$10.69 Billion
Muyuan Foods has set the offer price for its Hong Kong listing at the maximum of the range, placing 274 million H shares at HK$39 apiece and targeting gross proceeds of about HK$10.69 billion ($1.37 billion). The company plans to allocate funds to research and development in breeding, smart farming, nutrition management and biosecurity. Allocation …