A unit of Chinese contract drugmaker Wuxi Biologics has experienced overwhelming demand for its initial public offering (IPO) in Hong Kong, closing its order book early and potentially pricing the deal at the top of its marketed range, according to sources familiar with the matter. This is a remarkable occurrence in a year that has seen a turbulent market for listings in Hong … [Read more...] about Wuxi XDC Cayman: Strong Demand for IPO in Hong Kong
Hong Kong
Lalatech Files for IPO in Hong Kong
Lalatech, a logistics company backed by private-equity firms Hillhouse Capital and Sequoia Capital, has recently submitted an application for an initial public offering (IPO) in Hong Kong. This move makes Lalatech the latest company in the logistics industry aiming to utilize the city's thriving market. The Hong Kong-based company, as per the stock-exchange filing on Thursday, … [Read more...] about Lalatech Files for IPO in Hong Kong