A rush of fresh blood greeted the introduction on April 30 of new rules by the Hong Kong stock exchange that will enhance its competitiveness and entice biotech and innovative pharma firms in particular.
Hong Kong Ushers in 'New Era' For Bioventures As Listing Rules Eased
The introduction of new listing rules in Hong Kong makes it easier for biotech companies to go public and provides incentives for both China-based and international companies to float there rather than in New York or elsewhere, although some concerns linger.
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