Chinese bottled water giant Nongfu Spring is looking to raise more than $1 billion in a Hong Kong listing AFP/Anthony WALLACEBEIJING: Bottled water giant Nongfu Spring said on Monday it is aiming to raise more than US$1 billion in a Hong Kong listing, as Beijing cajoles Chinese companies to raise cash at home.
The pricing means a potential listing worth nearly US$1.1 billion - which Bloomberg said would be the second-biggest IPO by a food and beverage company this year.
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