KKR-backed Chinese pork producer Cofco Meat falls 24% in Hong Kong debut

KKR-backed Chinese pork producer Cofco Meat falls 24% in Hong Kong debut

Image sourced from KKR website

Cofco Meat Holdings Ltd., the Chinese pork producer backed by KKR & Co., tumbled as much as 24 percent in its trading debut Tuesday after the company raised HK$1.95 billion ($251 million) in an initial public offering.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter