China IPO Roundup: Strong Spring Financings For Pharma And Biotech

China’s healthcare sector was back to actively raising proceeds from the capital markets in March and April, which witnessed more than 20 IPOs in total, with a stream of other listings being planned.

RMB & USD

Share sales in the pharmaceutical and life science sector in China have been rebounding since March, driven by a string of listings in mainland China and the first initial public offering by a Chinese company this year on Nasdaq in the US.

On March 9, cancer therapeutics bioventure BeyondSpring Inc. raised $54.3m in a combination of an IPO and private placement...

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