New stock news | Rumor that Eastroc Beverage (605499.SH) is close to hiring investment banks to arrange for a secondary listing in Hong Kong.

According to market sources, mainland A-share listed beverage company Eastroc Beverage (605499.SH) is reportedly close to hiring banks like Morgan Stanley and UBS to prepare for a second listing in Hong Kong. Huatai may also be involved. Reports citing sources familiar with the matter said that the company may list in Hong Kong in the second half of this year, or may add other banks to help arrange the issuance. In response, a representative from Eastroc Beverage stated that leading investment banks have advised on listing in Hong Kong to support the company's expansion into international markets. The representative mentioned that although Eastroc Beverage has done some preliminary work, no cooperation or service agreements have been signed yet.