Today, let's focus on listing candidate Fu Shou Yuan International Group, one of the largest death-care services providers in the mainland.
The firm began operating a cemetery in Shanghai in 1994. For the six months to June 30, 2013, revenues hit 306.7 million yuan (HK$391.7 million), with net profit of 118.1 million yuan.
The group operates in eight major cities in the mainland. China recorded 9.7 million deaths in 2012, and the average spending per cremation was 10,079 yuan.
The IPO price is to be set between HK$2.20 and HK$3.40 per share.
Fu Shou Yuan will issue 500 million shares, with retail applications for the float ending tomorrow at noon. If you are allocated 1,000 shares, you can make enough profit to enjoy an elegant dinner.
Source: Dr Check, The Standard HK