New Stock News | Eastroc Beverage (605499.SH) and Muyuan Foods (002714.SZ) are planning to start promoting their upcoming Hong Kong IPOs as early as this week.

According to reports, Eastroc Beverage (605499.SH) and Muyuan Foods (002714.SZ) plan to start promoting their upcoming Hong Kong listings as early as this week. It is rumored that Eastroc plans to raise $1 billion (approximately HK$7.8 billion), while Muyuan aims to raise $1.5 billion (approximately HK$11.7 billion). Eastroc is expected to launch its book-building process in the week of January 26th. Muyuan received approval from the China Securities Regulatory Commission to list in Hong Kong in November last year. According to the prospectus, Eastroc Beverage is the top functional beverage company in China, with revenue growth ranking first among the top 20 listed soft drink companies in the world. According to a report by Frost & Sullivan, Eastroc Beverage has been the top player in the Chinese functional beverage market by sales volume for four consecutive years since 2021, with market share increasing from 15.0% in 2021 to 26.3% in 2024. In terms of retail sales, Eastroc Beverage is the second-largest functional beverage company in 2024 with a market share of 23.0%, solidifying its leading position. According to the prospectus, Muyuan Foods (002714.SZ) is a technology-driven leading company in the pig meat industry and a pioneer in smart pig farming. The company's vertically integrated business model covers the entire pig industry chain, including pig breeding, pig farming, feed production, and meat processing. The company's main product is the sale of commercial pigs from its pig farming business. Revenue from commercial pigs accounted for 92.8%, 96.5%, 95.2%, 93.0%, and 92.7% of total revenue in 2022, 2023, 2024, and the six months ending June 30, 2024 and 2025 respectively.