Shuanghui to apply for $6bn Hong Kong listing

Shuanghui International Holdings plans to apply as early as next week for a Hong Kong IPO to raise up to US$6 billion, making it one of the biggest listings in Asia this year, South China Morning Post reported, citing anonymous sources. The Henan-based company, China’s largest meat processor, acquired Smithfield Foods, the biggest pork producer in the US, five months ago. Company sources said that Shuanghui would file the listing application with Hong Kong Exchanges and Clearing next week and wait for a hearing after the Lunar New Year. If successful, the firm would list no later than April.