Li Ka shing-backed cancer drug developer delays Hong Kong IPO

Li Ka shing-backed cancer drug developer delays Hong Kong IPO

Hong Kong. Photo by SHUJA ZED on Unsplash

Hutchison China MediTech Ltd., a cancer drug developer backed by billionaire Li Ka-shing, is delaying the launch of its Hong Kong share sale that could raise about $500 million, people with knowledge of the matter said.

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