Jitai Technology seeks to raise HK$2.1 billion through a Hong Kong IPO.

According to the documents submitted to the Hong Kong Stock Exchange, Tech Pharma Limited intends to issue 201 million shares at a price of 10.50 Hong Kong dollars per share. It is estimated that the company will raise 2.1 billion Hong Kong dollars. The company is scheduled to be listed on May 13th, with Jefferies, Deutsche Bank, and CITIC Securities as joint sponsors.