The IPO of Quantum Pharm, known also as XtalPi, has been portrayed as a showcase of Hong Kong’s major role in supporting China’s “hard technology” drive. Hong Kong finance chief …
Tencent-backed QuantumPharm, an artificial intelligence (AI) drug researcher, has become Hong Kong’s third-largest listing of the year after pricing its initial public offering (IPO) at the low end of the …
QuantumPharm received about HK$4.3 billion of orders based on 12 major brokers’ margin lending to clients for the retail tranche of its IPO when the books closed at noon on …
Bright Smart Securities, the biggest local broker to offer margin financing for IPOs, also received a good response but did not disclose the number. It is the first IPO under …
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 …