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Research Minutes | How to view the central collection and storage of frozen meat and its impact on the pig cycle
1. Background of the start of collection and storage: Pig prices have been relatively low recently. After a year, pig prices fell to the level of 12.5 yuan/kg, and this price has been maintained for half a month. Moreover, the price of pigs fell faster than expected. From 14 yuan/kg in early February to 12.5 yuan/kg, it dropped 2 yuan/kg in half a month. As a result, the price ratio of pig food fell to 4.98. According to NDRC data, the latest pig food ratio fell below 5 to 4.98 (the price of pigs is based on the price of pigs sold, and the actual price on the market is a little lower), so the current pig breeding loss situation may be more serious than the NDRC estimates. In addition, feed ingredients
Tianzhao Pig Industry shelves listing plans and does not carry out a global sale
Tianzhao Pig Industry (01248.HK) announced that the company has decided not to proceed with its plans to list on the main board of the Stock Exchange of Hong Kong Limited at this time. In view of current market conditions, after consulting the exclusive global coordinator, the company has decided that it will not conduct a global offering in accordance with the prospectus. An international underwriting agreement relating to an international placement will not be concluded, and the Hong Kong underwriting agreement relating to the Hong Kong public sale will not be unconditional as a result.
[IPO] Tianzhao Pig Industry (01248) decided not to carry out the main board listing plan at this time
Phoenix News Hong Kong Stock | Tianzhao Pig (01248) announced that the company has decided not to proceed with the main board listing plan at this time. In light of current market conditions, after consulting the exclusive global coordinator, the company has decided that it will not conduct a global offering in accordance with the prospectus. The application amount for shares offered in Hong Kong will be refunded by regular mail on or before the 13th (Friday) of this month.
IPO Announcement | Tianzhao Pig puts listing plans on hold
The company has decided not to proceed with its plans to list on the main board of the Stock Exchange of Hong Kong Limited at this time and will refund the subscription amount to investors on or before November 13.
Tianzow Breeding Had Planned to Raise Up to HK$1.5B in IPO
[IPO Tracking] Tianzhao Pig Industry (01248-HK) shelved listing
[Caihua News] Pig breeding company Tianzhao Pig (01248-HK) shelved its listing plan. In view of current market conditions, after consulting with the exclusive global coordinator, it was decided that no global sale will be carried out. The relevant refund will be returned to the applicant on or before this Friday. The company pointed out that an international underwriting agreement relating to the international placement will not be concluded, and the Film Hong Kong underwriting agreement relating to the Hong Kong public sale will not be unconditional as a result. Tianzhao Pig originally planned to sell 386.26 million shares, 90% of which will be placed internationally, and 10% will be publicly sold; the prospecting price of each share ranges from 26 yuan to 388 yuan, raising up to 1,499 million yuan.
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