KM Financial Solutions | Chinese biotech firm Ascletis raises $400 mln in HK IPO – sources
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Chinese biotech firm Ascletis raises $400 mln in HK IPO – sources

Chinese biotech firm Ascletis raises $400 mln in HK IPO – sources

Chinese biotech Ascletis
Pharma Inc raised $400 million after pricing its
initial public offering (IPO) in the middle of an indicative
range, three sources said, in the first such Hong Kong listing
under new rules designed to attract early-stage biotech firms.

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