After shivering through more than a year of “capital winter,” Chinese drug makers are finally feeling the thaw of spring, encouraging unprofitable companies to return their eyes to Hong Kong listings. Sichuan Kelun Pharmaceutical (002422.SZ) became the latest to join the trend last week, as its Sichuan Kelun-Biotech Biopharmaceutical Co. Ltd. subsidiary filed to list in Hong Kong, with Goldman Sachs and Citic Securities as sponsors.
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