Fizzy Drinks Maker Chi Forest Is Said to Consider Hong Kong IPO

Chi Forest, a maker of low-calorie sparkling drinks and flavored teas, is considering a Hong Kong initial public offering, people familiar with the matter said, following in the footsteps of other Chinese beverage companies.

The drinks manufacturer, formerly known as Genki Forest, has held early talks with potential advisers about the share sale, according to the people, who asked not to be identified because the discussions are private.

Deliberations are preliminary and details such as the size and timing of the IPO haven’t been decided, the people said. A representative for Chi Forest said the company doesn’t have an ...