Chinese liquor company ZJLD Group is looking to raise up to HK$6.37 billion ($811.5 million) in a Hong Kong initial public offering (IPO), the largest in the financial centre this year, according to exchange filings on Monday.
The company is offering about 490.7 million shares in a price range of $HK10.78 to HK$12.98 each.
Across that range the spirits manufacturer would raise between $674 million to $811.5 million, the filings show.
The final price for the shares will be set on Thursday.
It is the largest IPO in Hong Kong in 2023, with just $508.3 million raised in new share sales in the first quarter of the year, according to Refinitiv data.
ZJLD shares will start trading on April 27.
Reuters