Chinese snack maker Weilong Delicious aims to raise up to US$141mil in trimmed-down Hong Kong IPO

Pedestrians walk past the Exchange Square complex which houses the HKEX. —Bloomberg

CHINESE spicy snack food maker Weilong Delicious Global is aiming to raise up to $141 million in a Hong Kong initial public offering launched on Monday, well below its initial target of about $1 billion.

The company is selling 96.39 million shares in the range of HK$10.40 to HK$11.40 each, according to its listing documents.