December 7, 2018 / 3:06 AM / 8 months ago

China's WuXi AppTec raises $1 bln in HK listing -sources

HONG KONG, Dec 7 (Reuters) - Shanghai-listed Chinese medical tech platform WuXi AppTec raised $1.01 billion in its Hong Kong listing, sources told Reuters, making it one of this year’s last big deals to end on a positive note.

WuXi priced its listing at HK$68 ($8.71) per share, at the middle of an indicated range of HK$64.1-HK$71.5, said the sources, who are familiar with the matter.

It could raise up to $1.16 billion if an over-allotment option is exercised within a month of the start of trading. (Reporting by Julia Fioretti; Editing by Himani Sarkar)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below