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Huishan Dairy plans to raise up up to $1.3 bln Hong Kong IPO
date:Sep 10, 2013
hina.

Huishan Dairy is the country's second-largest producer of raw milk, with a 1 percent market share, behind Modern Diary's 1.3 percent share, Macquarie estimates.

The investment banks leading the Huishan Dairy offering are Deutsche Bank, HSBC, Goldman Sachs and UBS.

CIMB, Investec Capital Asia and Jefferies will also act as joint bookrunners.

The Hong Kong-listed shares of Modern Dairy and Mengniu Dairy have soared nearly 32 percent and 48 percent since their IPOs, as investors flocked t

12/24 03:45