10 hours ago
WuXi AppTec-Backed MegaRobo Is Said to Plan Hong Kong IPO
MegaRobo Technologies Co. is planning a Hong Kong initial public offering as soon as this year, according to people familiar with the matter, amid a jump in stocks from the biotechnology sector.
The company, which applies robotics and artificial intelligence in life-sciences research, is working with advisers to raise $300 million or above in the listing, the people said, asking not to be named to discuss a private matter.