WH Group serves up Smithfield spinoff to support overseas expansion
China’s biggest meat producer said it will spin off its U.S. pork subsidiary for a separate listing in New York Key Takeaways: WH Group plans to list its Smithfield pork…
WH Group brings back the bacon with rising profits
Despite posting a revenue decline, China’s leading pork producer said its profit rose sharply in the first quarter and that it expects its performance to improve this year Key Takeaways:…
China loves cured meat. But will Wing Yip’s satisfy investor palates?
While its pork sausages and bacon-like smoked meats may seem niche outside China, they are big business in the world’s largest meat market Key Takeaways: Wing Yip has filed for…
PODCAST: Plunging Healthcare Investments and WH Group Eyes Smithfield IPO
By Doug Young & Rene Vanguestaine After several years of unbridled enthusiasm, investors have sharply pulled back their support for Chinese healthcare startups. Why the sudden cold feet toward this…
CHINA BULLETIN: More U.S.-China Warming as Xi, Biden Meet Each Other’s Emissaries
Illustration of Joe Biden having dinner with Chinese guests
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…
FAST NEWS: WH Group’s profit sliced in half on rising U.S. costs
The latest: Pork producer WH Group Ltd. (0288.HK), owner of the Smithfield brand in the U.S., said on Monday it expects to report its unaudited profit before biological fair value…