Wuxi AppTec’s listing is expected to raise more than 5.7 billion yuan (US$907 million), which will be used to expand its research facilities and build new plants. Photo: Shutterstock
China fast tracks IPO by leading biotech firm WuXi AppTec, in race as Asia’s hub for fundraising
Mainland’s leading biotech firm privatised in New York two years ago, but has been fast-tracked towards the A-share market just seven weeks after applying to list
Topic |
IPO
Wuxi AppTec’s listing is expected to raise more than 5.7 billion yuan (US$907 million), which will be used to expand its research facilities and build new plants. Photo: Shutterstock