China's Cathay Biotech plans to raise $799m in STAR Market

China's Cathay Biotech plans to raise $799m in STAR Market

China’s Cathay Biotech Inc, a producer of chemical intermediates, is seeking to raise 5.6 billion yuan ($799 million) in an initial public offering (IPO) on Shanghai’s Nasdaq-style STAR Market, according to a company filing. 

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