Chinese Fresh Food Chain Qiandama Weighs Hong Kong IPO
Bloomberg News, Bloomberg News (Bloomberg) -- Chinese fresh food chain operator Qiandama is considering an initial public offering in Hong Kong as soon as this year, according to people familiar with the matter. The Guangzhou-based company had discussed a share sale with potential advisers, said the people, who asked not to be identified as the information is private. An offering could raise about $400 million to $500 million, one of the people said. Qiandama is also planning to raise about 2 billion yuan ($305 million) in a pre-IPO funding round that could value the firm at as much as 25 bil...