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The Nexus
BUSINESSJun 4 · 04:05 UTCSCMP WORLDZhu Wenqian,Julie Zhang

IPOs and expansion plans give China’s US$16 billion pet food sector paws for thought

China’s $16 billion pet food sector is attracting investment and expansion as companies pursue IPOs and localize supply chains. Fubei (Shanghai) Co, a major domestic pet food maker, recently filed for an IPO on the Hong Kong stock exchange, reflecting growing confidence in the market driven by young consumers prioritizing pet health and wellness.

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Mentioned
Fubei (Shanghai) CoorganizationHong Kong stock exchangeorganizationpet food sectortopicinitial public offeringstopicpet health and wellnesstopic
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