US Delisting Risks Drive Chinese Food Companies To Hong Kong IPOs

Quick Summary:

A Hong Kong listing plan by the leading maker of frozen foods like fish balls has received a green light from China's securities regulator

Key Takeaways: The Chinese securities regulator has formally registered Anjoy Foods' plan to list in Hong Kong, which would complement its existing Shanghai listing

The frozen foods maker's revenue began to contract in the first quarter, and its gross margin is also notably lower than many other leading food companies Hong Kong-based investors could soon have another option to taste, as frozen food specialist Anjoy Foods Group Co.Ltd.'s (603345.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Bamboo Works

Category: InvestingBusiness

Markets: United StatesChinaHaitiHong Kong

Topics: Asia Benzinga Contributors IPOs Opinion Equities Expert Ideas

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-19 @ 12:04:24 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 1070 words

Reading Time: 6 minutes read

Sentences: 44 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28819238

View Article Analysis

About Benzinga

Main Topics: InvestingBusiness

Official Website: benzinga.com

Update Frequency: 5 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #54

Publisher Details

Frequently Asked Questions