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Biotech firms flock to Hong Kong IPO, ‘A+H’ listing favored

Since 2026, 17 biotech companies have listed on HKEX, raising HK$18.501 billion, accounting for 16.19% of the 105 new listings. Meanwhile, 110 biotech firms filed for Hong Kong IPOs this year, covering oncology, CGT, radiopharma, ophthalmology, and medical devices. A notable trend: many A-share drugmakers pursue dual listings, with some making repeated filings.

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