PE-backed Junshi Biosciences shines on Star Market debut
PE-backed Junshi Biosciences has become the first Chinese biotech company to list in Hong Kong and the mainland, following a strong debut on Shanghai's Star Market.
Junshi, which counts Loyal Valley Capital and Hillhouse Capital among its investors, raised RMB4.83 billion ($691 million) in its IPO, selling 87 million shares at RMB55.5 apiece. The stock opened...
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