Yantai, Shandong Province-based Chinese drug-maker Luye Pharma Group has priced its Hong Kong IPO, planning to sell 999.6 million shares at HK$5.38 to HK$5.92 each, according to media reports. This means the IPO will raise as much as US$764 million, slightly higher than previously estimated US$750 million. The IPO has already secured six cornerstone investors, […]

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