Ascletis Pharma breaks new ground with HK$3.6bn IPO

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Ascletis Pharma breaks new ground with HK$3.6bn IPO

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Chinese firm Ascletis Pharma has launched bookbuilding for a HK$3.58bn ($456.9m) IPO, the first company to take advantage of the Hong Kong Stock Exchange’s new biotechnology-friendly listing regime.

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