Chinese Liquor Maker ZJLD to Start Taking Orders for $900 Million HK IPO Soon
- The company planning to open order book as soon as next week
- ZJLD’s IPO could be Hong Kong’s biggest IPO year-to-date
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ZJLD Group Inc., a Chinese liquor company, is planning to start taking investor orders as early as next week for what could be this year’s biggest initial public offering in Hong Kong, according to people familiar with the matter.
The company is looking to raise $800 million to $900 million in the first-time share sale, said the people, asking not to be identified as the information is private. Deliberations are ongoing and details of the offering such as the fundraising amount and timing could still change, the people said.