Clifford Chance and Jingtian & Gongcheng have successfully advised Foshan Haitian Flavouring and Food on its $1.3 billion initial public offering in Hong Kong. This marks the second-largest IPO in Hong Kong this year for the Shanghai-listed soy sauce manufacturer. This move is part of the company’s broader A-to-H share strategy, which involves listing on both the Hong Kong and Shanghai stock exchanges. For further details and comprehensive coverage of the transaction, you can read the original report on the Law.com International Edition website.
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