PE-backed WuXi Apptech trades flat on Hong Kong debut
PE-backed WuXi AppTec, a contract pharmaceutical R&D services provider, traded flat on its Hong Kong debut, following an IPO of HK$9.1 billion ($1.1) billion.
A total of 133.95 million shares were sold in the offering, 17.5 million above the official allocation, at HK$68 apiece, near the middle of the indicative range, according to a filing. This gave the company...
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