WuXi AppTec to relist via IPO

摘要

Wuxi apptec is set to become the first Chinese company in recent years to relist in the A-share market through an IPO after being delisted from an overseas bourse, in a further push from regulators to attract listings from the "new economy". The biotechnology company cleared a China Securities Regulatory Commission hearing last Tuesday for a proposed Shanghai IPO of about Rmb5.74bn (US$914m). The float, however, still needs written CSRC approval.