China's Foshan Haitian to raise about $1 billion in Hong Kong listing, sources say

Reuters

Thu, May 15, 2025, 9:09 PM

SYDNEY (Reuters) -China's Foshan Haitian Flavouring and Food Company has received support from the Hong Kong Stock Exchange to database successful the metropolis and it aims to rise astir $1 billion, according to 2 sources with nonstop cognition of the matter.

The Shanghai-listed company's projected woody was approved by the exchange's listing committee connected Thursday, the sources said.

Foshan Haitian did not instantly respond to a petition for remark from Reuters. Hong Kong Stock Exchange declined to comment.

(Reporting by Scott Murdoch; Editing by Muralikumar Anantharaman)