Simcere Pharma, First Service pre-market HK IPOs

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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