Shanghai Henlius Biotech, a subsidiary of billionaire Guo Guangchang’s Fosun group, will make its trading debut this week on the Hong Kong stock exchange after raising $410m in an initial public offering that marked the first sizeable offering to test investor appetite since the eruption of the city’s ongoing street protests.
Henlius, which developed the first “made-in-China” biosimilar to be approved by China, focuses on creating follow-on versions of blockbuster biologics...




