Hong Kong has few results to show from an almost yearlong experiment in making the city an Asian biotechnology hub
.The city’s stock exchange revamped its listing rules last April, allowing fledgling biotechnology companies to list before they turn a profit.
The overhaul was part of a drive by Hong Kong Exchanges & Clearing, the exchange’s parent company, to lure innovative startups. Biotech often refers to making medicines using biological processes, with drugs produced by living cells grown in a lab,...
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