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Chinese Snack-Maker Shapes Up as a Spicy Hong Kong Offering By Matthew Walsh / May 14, 2021 07:23 PM / Business & Tech One of China’s spiciest snack-makers wants to be hot property on the Hong Kong bourse. Weilong Delicious Global Holdings Co. Ltd., which makes chili-pepper coated flour strips known as “latiao,” filed Wednesday for an IPO in city. The cheap, lip-tingling strips are particularly popular among Chinese students, office workers and long-distance travelers. In recent years they’ve become a cultural touchstone for younger people, sparking nostalgia for the freewheeling 200...

By Reuters Staff 1 Min Read BEIJING, May 13 (Reuters) - China’s snack maker Weilong Delicious Global Holdings has filed for a Hong Kong initial public offering (IPO), according to a stock exchange filing. Weilong, founded in 1999 and based in Luohe city in the central Chinese province of Henan, makes popular spicy snacks made of soybeans and eggs. It also produces non-spicy snacks. Weilong did not disclose the target fundraising size. It has raised 3.56 billion yuan ($551.7 million) before it filed for the IPO from investors including CPE, Hillhouse, Tencent and Yunfeng Capital. Last year i...

Chinese spicy snack maker Weilong files for Hong Kong IPO REUTERS/Bobby Yip May 13, 2021 China’s snack maker Weilong Delicious Global Holdings has filed for a Hong Kong initial public offering (IPO), according to a stock exchange filing. Weilong, founded in 1999 and based in Luohe city in the central Chinese province of Henan, makes popular spicy snacks made of soybeans and eggs. It also produces non-spicy snacks. Weilong did not disclose the target fundraising size. It has raised 3.56 billion yuan ($551.7 million) before it filed for the IPO from investors including CPE, Hillhouse, Tencent...

Courier Companies in China Deliver Live Animals in Sealed Boxes The case of “live pet blind boxes” in China’s Sichuan province recently sparked public concern in the country, with even the Chinese Communist Party (CCP) official media reporting on it. The matter involves not only the legal issue of delivering animals via a postal service, but also the just-implemented “Animal Epidemic Prevention Law” related to the CCP virus. Shipping live animals bought online using regular express delivery is illegal but common in China. The practice has received little attention from the CCP’s o...

漯河市民袁某将一面锦旗送到了漯河市公安局召陵分局东城派出所。...