China's Hansoh Pharma said to have raised $1b in Hong Kong IPO

China's Hansoh Pharma said to have raised $1b in Hong Kong IPO

Photo by Dmitry Bayer on Unsplash

Drugmaker Hansoh Pharmaceutical Group on Wednesday priced its Hong Kong initial public offering at the top end of its targeted range, two people with direct knowledge of the matter said, raising roughly $1 billion.