Jiangsu Hengrui makes solid Hong Kong trading debut as shares jump 29%

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Jiangsu Hengrui makes solid Hong Kong trading debut as shares jump 29% - SCMP

Quick Summary:

Company raises HK$9.89 billion (US1.29 billion), with the proceeds to be used to support clinical trials and expand production capacity.

Company raises HK$9.89 billion (US1.

The strong debut signals solid investor confidence in the company’s long-term prospects, particularly its growing international pipeline and innovative drug R&D capabilities.