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Chi-Med Files For Hong Kong Listing That Could Raise $500m

 
• By Ian Haydock

Chi-Med has applied to list in Hong Kong and will undertake a new global share offering as it looks to raise new funds to support the progress and commercialization of its growing pipeline. 

Hong Kong
Chi-Med To List In Its Home Hong Kong • Source: Shutterstock

Hutchison China MediTech Ltd. (Chi-Med) has filed an application for a new share listing on The Stock Exchange of Hong Kong (SEHK), to raise new financing designed mainly to move forward and take to market its growing oncology-focused pipeline.

While pricing has not been set and Chi-Med did not give any target, reports suggest that the listing – expected...

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