China Youran Dairy raises $643 mln in Hong Kong IPO – sources

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China Youran Dairy raises $643 mln in Hong Kong IPO – sources


HONG KONG, June 11 (Reuters)China Youran Dairy Group 9858.HK raised $643 million in its Hong Kong preliminary public providing (IPO) by pricing its shares on the backside of an indicated worth vary at HK$6.98 every, in accordance with two sources with direct information of the matter.

China Youran didn’t instantly reply to a request for remark. The sources couldn’t be named as the data was not but public.

(Reporting by Scott Murdoch in Hong Kong and Sophie Yu in Beijing; Enhancing by Muralikumar Anantharaman)

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