Adisseo, Modern Farming each eye $1 bln HK IPO-paper

Animal nutritution products maker Adisseo Group is set to raise about
$1 billion in an initial public offering in Hong Kong later this
month, the Hong Kong Economic Times reported on Wednesday.

Citing market sources, the Chinese newspaper also said milk producer
Modern Farming (Group) Co Ltd was to raise about $1 billion in a Hong
Kong IPO later in November.

According to the website of Modern Farming www.xiandaimuye.com, it
provides about 70 percent of its milk to Mengniu Dairy (2319.HK),
which is one of its shareholders.

In the IPO pipeline, Goodbaby Group, China's largest manufactuer and
supplier of infants and children's products, also plans to raise about
HK$1.56 billion ($201 million) in a Hong Kong IPO later in November,
the newspaper said.