China Feihe enlists actress Zhang Ziyi to promote its milk products. Photo: zz-infos.com

China’s best-selling baby milk maker probably gets HK$10 billion of retail bids amid Hong Kong IPO revival

  • The retail portion is probably oversubscribed by 8 to 10 times, locking up as much as HK$9.8 billion of funds, according to survey
  • China Feihe follows Budweiser and ESR Cayman mega listings as Hong Kong enjoys a revival in IPOs on market rebound
Topic |   Baby formula

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China Feihe enlists actress Zhang Ziyi to promote its milk products. Photo: zz-infos.com
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Enoch Yiu

Enoch Yiu

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.