{"id":133742,"date":"2025-07-31T04:44:09","date_gmt":"2025-07-31T04:44:09","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=133742"},"modified":"2025-07-31T04:44:09","modified_gmt":"2025-07-31T04:44:09","slug":"wuxi-apptec-joins-funding-rush-as-appetite-grows-for-chinas-biotech","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=133742","title":{"rendered":"Wuxi AppTec joins funding rush as appetite grows for China\u2019s biotech"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostWuxi AppTec, Asia\u2019s largest provider of contract pharmaceutical research, has raised HK$7.70 billion (US$981 million) through a sale of additional shares in Hong Kong as it rides the wave of bullish appetite for Chinese biotechnology shares.<br \/>\nThe Shanghai-based company sold 73.8 million new shares to institutional investors at HK$104.27 each, a 6.9 per cent discount to their closing price of HK$112 on Wednesday, it said in a filing to Hong Kong\u2019s bourse on Thursday. The stock fell 5.2 per cent to&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3320237\/wuxi-apptec-raises-us981-mn-hong-kong-offer-amid-growing-appetite-chinese-biotech?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostWuxi AppTec, Asia\u2019s largest provider of contract pharmaceutical research, has raised HK$7.70 billion (US$981 million) through a sale of additional shares in Hong Kong&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/133742"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=133742"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/133742\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=133742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=133742"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=133742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}