InnoCare Pharma soars after online listing ceremony

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By Jonathan Breen
23 Mar 2020

Chinese biotechnology company InnoCare Pharma’s shares surged over 10% on their Monday debut, following an online opening ceremony for the HK$2.2bn ($288.7m) listing in Hong Kong.

The trading debut of a company after a public listing on the HKEX is usually marked by an event at the stock exchange, attracting executives, bankers, lawyers and journalists. But amid the coronavirus-based restrictions, InnoCare’s ceremony was moved online.

But the change did no harm to the popularity ...

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