Zai Lab, Futu tap ECM for fresh funding

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Zai Lab, Futu tap ECM for fresh funding

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CPXNCJ NASDAQ MarketSite building at night in Times Square in Manhattan, New York City. | Alamy Stock Photo

US-listed Zai Lab and Futu Holdings are tapping the equity market for funds through follow-on offerings, with both the Chinese companies launching their transactions after a rally in their stock price.

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