Qi Yun Shan Foods Launches IPO Today, Targeting HK$200M at HK$8 Per Share

Qi Yun Shan Foods (stock code 02797), a Chinese fruit snack producer, launched its Hong Kong IPO today through July 6, offering 25 million H shares with a maximum price of HK$8 per share to raise up to HK$200 million. Hong Kong allocations account for 10 percent of the offering, with the remainder for international investors. The minimum investment (500 shares per lot) requires HK$4,040.35.

The company is scheduled to list on July 9. China Tai Securities is the sponsor.