China pork giant WH Group gains 10.6% on HK debut
Shares in WH Group, the Chinese pork producer backed by investors such as CDH Investments and Goldman Sachs, gained as much as 10.6% on its first day trading today after the company raised HK$15.3 billion ($2 billion) on its second attempted IPO.
The stock jumped to $6.86 as share around 9.30 am on Tuesday from the offer price of HK$6.20; at the time of this report, the stock was trading at HK$6.60 a share. The IPO - which saw WH Group sell 2.56...
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