
World’s largest caviar producer Xunlong Tech jumps 51% in HK debut
The company sold 16.33 million H shares in the offering, which was oversubscribed more than 2,100 times by retail investors and nearly 20 times by institutional buyers.

The company sold 16.33 million H shares in the offering, which was oversubscribed more than 2,100 times by retail investors and nearly 20 times by institutional buyers.

Following the IPO, the company aims to evolve from the world’s largest caviar farmer into a global consumer brand.

Roughly one in every three tins of caviar sold worldwide now comes from the Chinese company Xunlong Technology, now in the process of seeking an IPO in Hong Kong.

The company said the goal is to make caviar more accessible, shifting it away from its long-standing image as an exclusive fine-dining symbol.