Chinese snack maker Weilong Delicious seeks to raise up to $141m in Hong Kong IPO

Chinese snack maker Weilong Delicious seeks to raise up to $141m in Hong Kong IPO

Chinese snack maker Weilong Delicious aims to raise up to $141 mln in trimmed-down Hong Kong IPO/ Photo-Alibaba.com

Chinese spicy snack food maker Weilong Delicious Global is aiming to raise up to $141 million in a Hong Kong initial public offering launched on Monday, well below its initial target of about $1 billion.

The company is selling 96.39 million shares in the range of HK$10.40-11.40 each, according to its listing documents.

Bring stories like this into your inbox every day.

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