Drugmaker Hansoh is valued at $10 bln after pricing shares at the top of the range in its Hong Kong IPO: It looks like an early beneficiary of Beijing’s radical price reforms, says mak_robyn
Chinese drugmaker Hansoh Pharmaceutical Group has raised HK$7.9 billion in its Hong Kong initial public offering.
The company sold 551 million primary shares at HK$14.26 per share - the top end of the marketed price range. The deal values the company at $10.3 billion. As part of the listing, Hansoh secured nine cornerstone investors, including Singapore's sovereign wealth fund GIC and Chinese private equity firm Boyu Capital.
Citigroup and Morgan Stanley are joint sponsors for the IPO. The shares will start trading on June 14.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BREAKINGVIEWS - China’s pharma shake-up wins healthy endorsement(Reuters Breakingviews) - China's pharma shake-up has won a healthy endorse...
Read more »
Breastfeeding in Pools & Hot Tubs/Spas | Healthy Swimming | Healthy Water | CDC
Read more »
Provider Training Series: Helping Adolescent Girls Achieve and Maintain a Healthy Weight | womenshealth.govNew HCP training available ➡️ Improving Care for Adolescent Girls: The Importance of Addressing Weight Bias. Earn free CME/CEU credits at
Read more »
Slideshow: How to Get a Healthy Meal on the Table QuicklyYou intend to eat healthy meals at home, but it doesn’t always work out that way. WebMD gives you some tips for easy ways to get a healthy dinner on the table in no time at all.
Read more »
Why this former Facebook executive keeps investing in A.I. and messaging start-upsAnand Chandrasekaran once worked on Facebook Messenger. Now, he's investing in start-ups that leverage AI and messaging technologies.
Read more »
James Corden shakes it up with ‘Carpool Karaoke,’ hosting the Tonys and, soon, ‘Cats’Despite the “Late Late Show’s” 12:35 a.m. airtime, James Corden has managed to tape “Carpool Karaoke” with every major pop star in the world and persuade some of the biggest movie and TV stars to stop by the program’s CBS Television City studio.
Read more »