Chinese biotech firm InnoCare delays HK IPO step on virus fears

Chinese biotech firm InnoCare delays HK IPO step on virus fears

Liquid is poured from a beaker in a lab. Photographer: Michael Fein/Bloomberg

Chinese biotech firm InnoCare Pharma Ltd. has decided to postpone investor meetings to gauge demand for its Hong Kong initial public offering amid the novel coronavirus outbreak, according to people familiar with the matter.

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