In today’s briefing:
- China Healthcare Weekly (Nov.16) – Crazy Healthcare IPOs, Don’t Bet on BD, Biokin HK IPO Delayed

China Healthcare Weekly (Nov.16) – Crazy Healthcare IPOs, Don’t Bet on BD, Biokin HK IPO Delayed
- For secondary-market investors, aligning with established technology pathways offers greater clarity and comfort than speculating on new business development deals from Chinese firms.
- As IPOs of biotechs in HK increase crazily in 2025, it has led companies to overly pursue stock trading, share reduction and exit.We suggest investors remain rational about healthcare IPOs.
- The valuation/IPO pricing of Biokin is too high. Recent poor performance of A/H shares after IPO has already intensified concerns. This could be the reason for the delay of IPO.
