China Artificial Intelligence Drug Research Firm QuantumPharm XtalPi to IPO in Hong Kong on 13th June 2024, Target to Raise $144 Million, First Hong Kong Exchange IPO under Chapter 18C Allowing IPO for Pre-Revenue Technology Firms with at Least HKD 10 Billion Market Value Equivalent to $1.2 Billion, Key Investors Include Tencent, HongShan, China Life Insurance, SoftBank & Google, IPO Cornerstone Investor Includes Chairman of Henderson Land Development Peter Lee Ka-kit Investment Holding Group Successful Lotus, QuantumPharm XtalPi Founded by 3 MIT-Trained Scientists Chairman Dr Wen Shuhao, CEO Dr Ma Jian & Chief Innnovation Officer Dr Lai Liping
7th June 2024 | Hong Kong
China artificial intelligence (AI) drug research firm QuantumPharm (XtalPi) will IPO in Hong Kong (HKEX) on 13th June 2024, targeting to raise $144 million in the IPO. QuantumPharm XtalPi is the first Hong Kong Exchange IPO under the new Chapter 18C regime, allowing IPO for pre-revenue technology firms with at least HKD 10 billion market value ($1.2 billion). QuantumPharm (XtalPi) key investors include Tencent, HongShan, China Life Insurance, SoftBank & Google. QuantumPharm (XtalPi) IPO cornerstone investor includes Chairman of Henderson Land Development Peter Lee Ka-kit, via his investment holding group Successful Lotus. QuantumPharm (XtalPi) is founded by 3 MIT-trained (Massachusetts Institute of Technology) scientists Chairman Dr Wen Shuhao, CEO Dr Ma Jian and Chief Innnovation Officer Dr Lai Liping.
“ China Artificial Intelligence Drug Research Firm QuantumPharm XtalPi to IPO in Hong Kong on 13th June 2024, Target to Raise $144 Million, First Hong Kong Exchange IPO under Chapter 18C Allowing IPO for Pre-Revenue Technology Firms with at Least HKD 10 Billion Market Value Equivalent to $1.2 Billion, Key Investors Include Tencent, HongShan, China Life Insurance, SoftBank & Google, IPO Cornerstone Investor Includes Chairman of Henderson Land Development Peter Lee Ka-kit Investment Holding Group Successful Lotus, QuantumPharm XtalPi Founded by 3 MIT-Trained Scientists Chairman Dr Wen Shuhao, CEO Dr Ma Jian & Chief Innnovation Officer Dr Lai Liping “
China Artificial Intelligence Drug Research Firm QuantumPharm XtalPi to IPO in Hong Kong on 13th June 2024, Target to Raise $144 Million, First Hong Kong Exchange IPO under Chapter 18C Allowing IPO for Pre-Revenue Technology Firms with at Least HKD 10 Billion Market Value Equivalent to $1.2 Billion, Key Investors Include Tencent, HongShan, China Life Insurance, SoftBank & Google, IPO Cornerstone Investor Includes Chairman of Henderson Land Development Peter Lee Ka-kit Investment Holding Group Successful Lotus, QuantumPharm XtalPi Founded by 3 MIT-Trained Scientists Chairman Dr Wen Shuhao, CEO Dr Ma Jian & Chief Innnovation Officer Dr Lai Liping
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