I-Mab said on Wednesday it has agreed to divest its operations and assets in China as part of its strategy to become a U.S.-focused biotech firm, sending the company s shares up nearly 11% in.
I-Mab said on Wednesday it has agreed to divest its operations and assets in China as part of its strategy to become a U.S.-focused biotech firm, sending the company s shares up nearly 11% in. -February 07, 2024 at 11:32 am EST
- MarketScreener
Shares in Hong Kong and China dropped Thursday on a slew of bad economic data from the housing and financial sector. The Hang Seng Index fell 2.5% to 17,295.89 points and China’s CSI 300 index ended the day 2.1% lower at 3,533.54 points.
Considerations are at an early stage, the bidders could decide not to proceed and CBA may choose not to sell the unit, the people said. Representatives for Bajaj and CBA declined to comment, while Cathay Financial didn’t immediately respond to requests for comment.