Pharmaron tests market appetite for HK IPO

Hong Kong island adobe stock 230x150
By Rashmi Kumar
04 Nov 2019

Pharmaron Beijing Co, a Chinese pharmaceutical research and development service platform, started testing investor appetite for its IPO on Monday.

CLSA, Goldman Sachs and Orient Capital are the sponsors for the Hong Kong listing. There is no timing yet on when bookbuilding will kick off, but companies tend to gauge market feedback for a couple of weeks before starting to take orders.

About 90% of the company’s listing ...

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