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China's Duality Biotherapeutics tests market appetite with $200 million Hong Kong IPO

China's Duality Biotherapeutics tests market appetite with $200 million Hong Kong IPO

Reuters07-04-2025
SYDNEY, April 7 (Reuters) - China biotech firm Duality Biotherapeutics is testing investor appetite on Monday amid a global stock market rout by launching a HK$1.56 billion ($200.70 million) Hong Kong initial public offering (IPO).
The company is selling 15.07 million shares in a price range of HK$94.60 to HK$103.2 each, according to its prospectus.
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($1 = 7.7729 Hong Kong dollars)
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