
Zhouheiya enters Hong Kong bourse
The IPO is looking to raise up to HK$3.3 billion ($425.7 million).
Zhouheiya, which serves spicy-braised duck neck and other ready-to-eat snacks, scheduled to make its trading debut on 11 November, and is planning to sell 424 million shares at an indicative range between HK$5.8 and HK$7.8 apiece.
The brand was founded in 2002 in Wuhan, Hubei province. Zhouheiya now has outlets in 38 cities across 12 mainland provinces with 715 self-operated retail stores.