Hong Kong’s new share market continues to sizzle, with three companies seeking to raise a combined US$2 billion on Thursday, led by Chinese pig-breeding giant Muyuan Foods, which launched the city’s largest flotation of the year. At the maximum price, Shenzhen-listed Muyuan would have a valuation of around US$38 billion, taking into account its onshore and offshore shares. AdvertisementAnother Shenzhen-listed company, printed circuit board (PCB) equipment maker Shenzhen Han’s CNC Technology, aims to raise up to HK$4.83 billion from its Hong Kong listing. Fundraising on the Hong Kong stock exchange is set to hit a monthly record in January. AdvertisementThese firms join a wave of Chinese consumer, food and technology companies tapping Hong Kong’s stock market, with the city’s benchmark index hitting a four and a half year high as investors diversify away from US assets.