Oct 1 (Reuters) - China's Huishan Dairy, a Shenyang-based maker of dairy products, has invited banks to pitch for its proposed Hong Kong initial public offering next year that could raise at least $600 million, IFR reported on Monday.
The deal size could be much higher if market conditions are strong as the company is witnessing rapid growth rate, IFR quoted a source as saying.
Banks are required to submit their proposals after the holidays in China.
With a history of more than 60 years, Huishan is the largest producer of dairy products in Northeast China.
Hong Kong jewelry firm Chow Tai Fook is among Huishan's pre-IPO investors.
(Reporting by by Fiona Lau of IFR; Editing by Kevin Lim)
Keywords: HUISHAN IPO/