HONG KONG - WH Group Limited, one of the world’s largest pork companies, commenced trading on the Main Board of the Stock Exchange of Hong Kong on 5 August.
WH Group’s shares were actively traded and recorded an impressive price movement today (5 August).
Its share price reached an intra-day high of HK$6.86 per share and closed at HK$6.66 per share, approximately 10.65 per cent and 7.42 per cent higher than the offer price of HK$6.20 per share respectively.
A total of approximately 464 million shares changed hands on turnover of approximately HK$3.102 Billion.
WH Group Chairman and Chief Executive Officer Wan Long, said: “We are delighted at the positive
reception for our IPO today, and thanks investors for their confidence in our Group.
"The listing of our shares today marks the beginning of a new chapter for WH Group. As the world’s largest pork company, we will strive to push forward our global growth strategy, and reinforce our lead in the global pork and packaged meat markets, aiming to bring handsome returns to our shareholders.”
ThePigSite News Desk