Bankers have set the price range for Hong Kong's largest IPO in four years and started travelling to meet investors. So far, demand for the pork producer appears robust.
ChinaÆs largest private-sector bank prices above other Mainland institutions listed in Hong Kong, while JingkelongÆs retail tranche is more than 540 times subscribed.
The valuation is slightly cheaper than that talked about last time, but the company is still being pitched in between Lianhua Supermarket and main Beijing rival Wumart Stores.