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Ashurst

Tencent-backed AI firm QuantumPharm seeks to raise funds, marking a milestone for Hong Kong’s pre-revenue IPO rules

by Anas Siddiqui
Tencent-backed AI firm QuantumPharm seeks to raise funds, marking a milestone for Hong Kong’s pre-revenue IPO rules

Tencent-backed artificial intelligence (AI) drug researcher QuantumPharm is raising up to HK$1.13 billion (US$144.5 million) in a Hong Kong initial public offering (IPO) from Tuesday, eyeing the first listing under …

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