Chinese Health Firm That Just Started Selling Masks Launches IPO
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A Chinese maker of medicines and health supplements that recently added surgical masks and other “anti-epidemic” products to its portfolio launched a Hong Kong initial public offering on Thursday.
Tycoon Group Holdings Ltd. is touting itself as a “top anti-epidemic pick” as it seeks to raise about HK$400 million ($52 million), according to Soochow Securities Co., one of the global coordinators on the deal.