Zhejiang Hisun Pharmaceutical Investee Company Applies for Hong Kong Listing

MT Newswires Live01-07

Zhejiang Hisun Pharmaceutical (SHA:600267) said 39.62%-owned Zhejiang Bioray Biopharmaceutical on Jan. 6 submitted an application to list H shares on the Hong Kong Stock Exchange.

Zhejiang Bioray Biopharmaceutical is an immunotherapy-focused biopharmaceutical company with integrated research and development, manufacturing, and commercialization capabilities, according to a Wednesday filing with the Shanghai bourse.

The offering is subject to approvals of the China Securities Regulatory Commission, the Hong Kong Securities and Futures Commission and the Hong Kong bourse.

Shares of Hisun Pharma rose nearly 3% in Shanghai trading early Wednesday morning.

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