A Chinese food company famous for its spicy dried-duck snacks and an appearance in a Hollywood blockbuster movie is pressing ahead with an initial public offering in Hong Kong. The Wall Street Journal reports Zhouheiya Food Co. is expected to file an application for a Hong Kong listing in the next couple of weeks, looking to raise up to US$500 million, according to people familiar with the matter. Zhouheiya, which sells dried-duck heads and necks among other snacks, could be the first food company to go public in Hong Kong this year. WH Group Ltd.’s US$2.4 billion float in July 2014 is the biggest food-and-beverage sector IPO on record in Hong Kong.
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