trending Market Intelligence /marketintelligence/en/news-insights/trending/X6aL25ucwEMAEUCgi91Bag2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

CSPC Pharmaceutical enters placing agreement to raise about HK$2.35B

COVID-19 Pandemic Likely To Cause US Telemedicine Boom

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


CSPC Pharmaceutical enters placing agreement to raise about HK$2.35B

CSPC Pharmaceutical Group Ltd. said it entered a placing agreement to issue 189 million shares of the company at HK$12.44 apiece.

The Hong Kong-listed drugmaker expects gross proceeds of about HK$2.35 billion from the placing, which will be used for general working capital purposes.

The placing shares would represent about 3.03% of the company after issue.

HSBC Ltd. is acting as the placing agent of the issue.