Youran Dairy raises US$643m in HK float

Business | 11 Jun 2021 10:03 am

China Youran Dairy Group raised US$643 million in its Hong Kong initial public offering (IPO) by pricing its shares at the bottom of an indicated price range at HK$6.98 each, according to two sources with direct knowledge of the matter, Reuters reports.

China Youran did not immediately respond to a request for comment. The sources could not be named as the information was not yet public.



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