China's Jacobio Pharmaceuticals jumps in Hong Kong debut

Jacobio Pharmaceuticals

21/12/2020 03:05

** Shares of Jacobio Pharmaceuticals Group Co Ltd  1167.HK  
trade as high as HK$16.50 in their Hong Kong trading debut, up
17.9% from the IPO price
    ** Stock last up 8.6% from the IPO price, among the top 30
most actively traded shares by turnover 
    ** Beijing-based company sold 96.48 mln shares in its Hong
Kong IPO at HK$14 apiece, raising HK$1.35 bln ($174.13 mln) for
clinical development and commercialization of products
 urn:newsml:reuters.com:*:nFWN2IO135
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
gains 0.4%
    ** The Hang Seng China enterprises index  .HSCE  edges down
0.1% and the benchmark index  .HSI  slips 0.2%
    ($1 = 7.7527 Hong Kong dollars)

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)