Ocumension climbs on debut after $184m Hong Kong IPO
Ocumension Therapeutics, a Chinese drug developer targeting eye diseases that counts Boyu Capital and Temasek Holdings among its backers, posted a 152% gain on debut following a HK$1.5 billion ($200 million) Hong Kong IPO.
The company sold 105.9 million shares for HK$14.66 apiece, with the portion of the offering allocated to Hong Kong-based investors more than 1,895 times oversubscribed, according to a release. A further...
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