Shineway
Shineway is a meat processing company
Shuanghui, founded in October, 1998 and headquartered in Luohe, is a meat processing company. The founder is Wan Long. Listed on the SZSE on December 10, 1998, the company's major shareholders are Rotex Limited, Hong Kong Securities Clearing Company Limited and China Securities Finance Corporation. Rivals that have direct and indirect competition with Shuanghui include Yili shares and Muyuan Foods.
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On April 17, Chagee rang the opening bell on Nasdaq. The IPO was priced at USD 28 per share, raising USD 411 million and giving the company a valuation of USD 5.139 billion. While the world grapples with escalating U.S. tariffs and ongoing trade tensions, companies continue to pursue U.S. listings. Amid the standoff between China and the U.S. over tariffs, Chinese new-style tea brand Chagee proceeded with its IPO in the U.S. as planned.
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