Stocks News
- Wuyi Pharmaceutical sets terms for HK IPO
Date: 18-Jan-2007 Sources: (Shenzhen Daily)
WUYI Pharmaceutical, a small drugmaker based in eastern Fujian Province, plans to raise as much as US$103 million in a Hong Kong share sale, a source close to the deal said yesterday.
The firm, which produces Western drugs as well as traditional Chinese medicine, started a management roadshow in Hong Kong yesterday in a deal arranged by Credit Suisse and UBS.
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