Chinese baby formula maker files for Hong Kong IPO

China Feihe seeking an estimated $1bn, two years after shelving first listing

20190705 China Feihe  AP_18200344889167

Chinese children play at a hospital in Nanjing, in China's Jiangsu Province, in May 2018. © AP

MARS WOO, DealStreetAsia

CEBU, Philippines -- China Feihe, an infant formula producer backed by Morgan Stanley Private Equity Asia, has filed for an IPO in Hong Kong, two years after it shelved its first listing application.

The company's filing is heavily redacted, so it is unclear how many shares China Feihe intends to offer and how much it seeks to raise in the IPO. A Bloomberg report in March, however, said the company was gearing up for a listing that could raise as much as $1 billion.

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