BRIEF: Muyuan’s revenue drops in March on falling hog prices
Leading pork producer Muyuan Foods Co. Ltd. (2714.HK; 002714.SZ) said on Wednesday it sold 6.75 million hogs last month, down 2.65% year-on-year. Its average selling price for the month stood at 9.91…
Muyuan eyes global pig pen with Hong Kong IPO
The world’s largest pork producer could raise up to $1 billion in a blockbuster listing that would be one of the largest by a consumer company this year Key Takeaways:…
Smithfield piques IPO investor appetite with turnaround story, low valuation
The leading U.S. pork producer returned to the black last year, following an overhaul to streamline its operations by Chinese owner WH Group Key Takeaways: Leading U.S. pork producer Smithfield…
WH Group’s Smithfield listing plan fails to excite investors
The company’s Hong Kong-listed shares barely moved after a report that it planned to list its U.S. pork unit, which swung into the red this year Key Takeaways: WH Group…