Chinese biotech firm BeiGene seeks to raise $3.5b in STAR Market IPO

Chinese biotech firm BeiGene seeks to raise $3.5b in STAR Market IPO

Photo: Bloomberg

Chinese biotech firm BeiGene Ltd on Thursday kicked off its initial public offering (IPO) subscription exercise on the Nasdaq-style STAR Market of the Shanghai Stock Exchange (SSE), with a target to raise about 22.2 billion yuan ($3.5 billion).