WH Group Shares Sink Below IPO Price on Disappointing China Results

By Prudence Ho and Rick Carew

With shares in WH Group , which bought Virginia’s Smithfield Foods Inc., slumping below their offering price in just three months after their float, another large Chinese listing has joined the list of disappointments for Hong Kong investors.

WH Group, which raised US$2.4 billion in a slimmed down …read more

Source:: MoneyBeat

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