China cancer screening business gains on Hong Kong debut
New Horizon Health, a China-based and venture capital-backed cancer early screening company, rose 215% on its trading debut following a HK$2 billion ($258 million) Hong Kong IPO.
The company sold 76.6 million shares for HK$26.6 apiece, representing the top end of the indicative range, according to a filing. Cornerstone investors, including Invesco, Lake Bleu Capital, Boyu Capital,...
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