China’s biggest drug company launches billion-dollar Hong Kong IPO
Summary by South China Morning Post
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Hengrui Pharma Seeks Up to $1.3 Billion in Hong Kong Listing
Jiangsu Hengrui Pharmaceuticals Co. has started taking investor orders for a Hong Kong listing that could raise as much as HK$9.9 billion ($1.3 billion), the latest significant deal to boost the financial hub’s share-sale recovery.
·United States
Read Full ArticleHengrui, one of China's leading biotechs, anticipates $1.2B in proposed Hong Kong listing
Jiangsu Hengrui, a 55-year-old drugmaker that has become one of China's leading forces in biotech, expects net proceeds of about 9.4 billion Hong Kong dollars ($1.2 billion) from its proposed float on the Hong Kong ...
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