Simcere Pharma, First Service pre-market HK IPOs

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By Jonathan Breen
07 Oct 2020

Chinese companies Simcere Pharmaceutical Group and First Service Holdings have started testing investor appetite for their Hong Kong IPOs.

Simcere began pre-marketing its IPO on Tuesday in Hong Kong with sponsors CICC and Morgan Stanley, according to a source close to the deal.

It is aiming to launch the IPO roadshow as soon as next week, added the source. The size of the deal has not yet ...

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