Another Chinese Firm Eyeing Second IPO In Hong Kong To Attract Global Investors

Quick Summary:

The snack food maker is joining a wave of companies listed on China's domestic A-share markets hoping to target global investors with second IPOs in Hong Kong

Key Takeaways: China's leading snack food maker Three Squirrels has filed for a Hong Kong IPO, with nut products accounting for over half of its revenue

The company is well placed in a highly fragmented domestic market where per-capita spending on snacks is significantly lower than in many developed countries The intensifying trade war between China and the U.S.is hurting Chinese exporters, prompting Beijing to try to take up some of the slack by stimulating domestic demand.

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Article Details

Author / Journalist: Bamboo Works

Category: InvestingBusiness

Markets: United StatesChinaHong KongJapanSouth Korea

Topics: Benzinga Equities Asia Opinion Expert Ideas Contributors IPOs

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 13:34:19 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 1087 words

Reading Time: 7 minutes read

Sentences: 44 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28470409

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