Hong Kong-based investors could soon have another option to taste, as frozen food specialist Anjoy Foods Group Co. Ltd.’s (603345.SH) planned IPO moves one step closer to reality after receiving approval from China’s securities regulator.

The leading maker of frozen favorites like fish balls and steamed buns is in a race that has seen a growing number of companies with stocks traded on China’s domestic A-share markets in Shanghai and Shenzhen making second listings in Hong Kong. In that regard, the company is vying with leading soy sauce and condiment maker Haitian Flavouring (603288.SH) to become China’s first major food company with such a dual listing.

The recent rush of food stocks into Hong Kong is probably leaving investors a bit overwhelmed and trying to figure out which might offer the best returns. The list includes the likes of snack giants like Busy Ming, Three Squirrels and Liuliu, which are trying to join Weilong Delicious (9985.HK), whose shares are already listed in Hong Kong. Then there are other food stalwarts like rice seller Shiyue Daotian (9676.HK), and instant noodle giants Uni-President China (0220.HK) and Tingyi (0322.HK).