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Bangkok Post – MUYUAN Targets Asia’s Pig Farming Market Following $1.4 Billion IPO

Article Summary:

Muyuan Foods Co., China’s largest hog breeder, is shifting its focus towards Southeast Asia amid challenges like domestic oversupply and declining pork prices in China. The company has recently raised HK$10.7 billion (US$1.4 billion) in Hong Kong’s largest listing this year, signaling its intention to expand internationally.

Over the next three to five years, Muyuan aims to partner with regional pig farmers to enhance its operations. This strategic move is designed to boost biosecurity in the region and diversify the company’s market presence beyond China. By strengthening its global feed-grain supply network, Muyuan seeks to solidify its position in the competitive agricultural sector.

Original Article:

Bangkok Post – Muyuan eyes Asia pig farms after $1.4 billion listing

Company seeks to diversify beyond China amid domestic oversupply, falling pork prices

Muyuan plans three- to five-year push into Southeast Asia, partnering with regional pig farmers. (Photo: Somchai Poomlard)

HONG KONG — Muyuan Foods Co plans to partner with Asian pig farmers and enhance its global feed-grain supply network after raising HK$10.7 billion (US$1.4 billion) in Hong Kong’s biggest listing of the year so far.

China’s largest hog breeder is looking to expand in Southeast Asia over the next three to five years, its chief financial officer said, in a move that will bolster regional biosecurity and help the company to diversify beyond…

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