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MiRXES, Hengrui Pharmaceuticals soar on Hong Kong debut

MiRXES, Hengrui Pharmaceuticals soar on Hong Kong debut

Mirxes Holding Company LimitedMay 22, 20253
MiRXES, Hengrui Pharmaceuticals soar on Hong Kong debut

About this update from Mirxes Holding Company Limited

** MiRXES Holding HKEX:2629 climbs to HK$31.95 on HK debut, up 37.1% from offer price of HK$23.30** Stock last up 31.8%, outpacing Hang Seng Index's HSI:HSI 0.5% gain and Hang Seng Biotech index's HSI:HSHKBIO 2.3% jump** Singapore-headquartered micro ribonucleic acid (miRNA) tech co, which specialises in early cancer detection and precision medicine, sells 46.6 mln shares in global offering, raising HK$1.09 bln ($139.2 mln) for R&D, manufacturing, commercialisation of core product** Jiangsu Hengrui Pharmaceuticals SSE:600276 jumps to HK$60.5 on HK debut, up 37.3% from offer price of HK$44.05** Chinese oncology drug developer sells 224.52 mln H-shares, raising HK$9.89 bln ($1.26 bln) for R&D, constructing production facilities** Hengrui's Shanghai stock SSE:600276 slips 1.6%($1 = KH$7.8302)

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