Nongfu Spring pre-markets $1bn HK listing

By Jonathan Breen
17 Aug 2020

Nongfu Spring, a Chinese bottled water and beverage company, has kicked off pre-deal investor education for its Hong Kong IPO.

Nongfu filed its post hearing information pack on August 14 and is pre-marketing its listing with the help of sponsors CICC and Morgan Stanley.

The IPO is expected to be launched as soon as later this month or September and could raise around $1bn, GlobalCapital Asia understands.

Nongfu ...

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