Story perspectives
Yuen Kee Clears HKEX Hearing, Targets HK$300M–HK$400M IPO
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Story summary
- Yuen Kee Food Group cleared its HKEX listing hearing and targets raising HK$300 million to HK$400 million.
- The IPO is expected to launch in October, according to unnamed sources.
- Yuen Kee completed three funding rounds before the IPO, adding investor BA Capital.
- Yuen Kee operated 4,773 outlets worldwide as of late May, covering over 250 Chinese cities.
- Huatai International and GF Securities act as joint sponsors for the offering.
