Chinese pork firm lists in Hong Kong
Shares in Chinese pork firm WH Group have surged 10% on their debut on the Hong Kong Stock Exchange.
Its shares rose to as high as HK$6.86 in early trading on Tuesday, up from the list price of HK$6.20.
WH Group, the world's largest pork firm, raised nearly HK$16bn ($2.1bn; £1.2bn) via a share sale to help reduce its debt.
The listing marks the second attempt by the firm to sell its shares. It cancelled its initial plan to raise up to $5bn in April this year.
The BBC's Hong Kong correspondent Juliana Liu reports.
05 Aug 2014
- From the section Business