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Chinese biotech Alphamab seeks approval for Hong Kong IPO of up to $350 million: sources [Reuters]

Jefferies Financial Group Inc. (JEF) 
Last jefferies financial group inc. earnings: 10/25 04:42 pm Check Earnings Report
Company Research Source: Reuters
Chinese biotech Alphamab seeks approval for Hong Kong IPO of up to $350 million: sources - Reuters 3 Min Read HONG KONG (Reuters) - Chinese biopharmaceutical company, Alphamab Oncology, plans to seek listing approval early next month for a Hong Kong initial public offering (IPO) of up to $350 million, people with direct knowledge of the matter said. Alphamab plans to carry out a deal roadshow and go public by the end of the year, the people added, as the Asian financial hub gets back into business after a freeze in recent months amid frequently violent anti-government protests. The company, backed by Hong Kong-based investment firm PAG, has appointed CLSA, Jefferies Financial Group ( JEF.N ) and Morgan Stanley ( MS.N ) as sponsors to its IPO - a deal that has been in the planning stages for at least five months. Alphamab and its advisers are currently sounding out potential shareholders to lock in investors ahead of the formal bookbuilding process, added the people, who declined t Show less Read more
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