Junshi Biosciences seeks up to $414m in HK offering
Shanghai Junshi Biosciences, a Chinese drug developer backed by Hillhouse Capital, is seeking to raise up to HK$3.2 billion ($414 million) through a Hong Kong IPO.
The company – which is listing under provisions that allow biotech companies to sell shares on the Hong Kong Stock Exchange despite having little or no revenue – is planning to sell 158.9 million shares...
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