Soy-Sauce Giant Haitian Eyeing $1.5 Billion Hong Kong IPO amidst Rising Shares, Sources Reveal

Haitian, a manufacturer of soy sauce, intends to generate US$1.5 billion through an Initial Public Offering (IPO) in Hong Kong, according to insiders. The firm, located in Guangdong, is currently discussing with consultants regarding a possible stock sale in the prominent Asian financial center. The listing could potentially occur within the first six months of the upcoming year.

The company located in Guangdong is currently discussing with consultants about a possible stock sale in the Asian financial center. This could occur in the first half of the upcoming year, according to sources. The value of Haitian's shares, listed in Shanghai, has increased by nearly 20% this year, bringing the company's market worth to approximately US$35 billion.

Discussions are still in progress and the amount of funds raised will be determined by the state of the market, according to individuals who requested anonymity due to the confidential nature of the information. A spokesperson for Haitian did not promptly answer a request for a statement.