Hengrui Pharma Prices at Top End for $1.3 Billion Hong Kong Listing
Jiangsu Hengrui Pharmaceuticals Co. priced its Hong Kong stock offering at the top of the marketed range to raise HK$9.9 billion ($1.3 billion).
The Chinese drugmaker, which focuses its research on cancer and cardiovascular diseases, sold 224.5 million shares at HK$44.05 a share, according to terms of the deal seen by Bloomberg.
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