Chinese Pig Breeder Muyuan Is Said to Hire Banks for HK Listing

Pig breeder and pork producer Muyuan Foods Co. has hired Citic Securities Co., Goldman Sachs Group Inc. and Morgan Stanley to work on its Hong Kong listing this year, according to people familiar with the situation.

The Chinese company aims to raise at least $1 billion in the share sale, Bloomberg News reported in March.

Deliberations are ongoing and details such as size and timing could change, the people said, asking not to be identified because the information isn’t public.

Representatives for Citic, Goldman Sachs and Morgan Stanley declined to comment. Muyuan didn’t immediately respond to requests for comment. ...