Hong Kong, May 23, 2025 (AFP) - Chinese pharma firm debut adds to hope for Hong Kong listing fortunes

NAMPA / AFP

2025-05-23

Chinese pharmaceutical firm Jiangsu Hengrui had a storming first day of trading in Hong Kong on Friday, up 25.2 percent at closing -- a sign of hope for the city's prospects as a listing hub. Hong Kong saw a steady decline in new offerings after a regulatory crackdown by Beijing in 2020 led some mainland Chinese mega-companies to put their plans on hold. A national security law imposed on the semi-autonomous city the same year added to the unce......

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