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WuXi AppTec: Completed the additional issuance of H shares placement, with a net fundraising amount of approximately 7.647 billion HKD.
Jin10 Data reported on August 7 that WuXi AppTec announced that it has completed the issuance of 73.8 million overseas listed foreign shares (H shares), raising approximately HK$7.647 billion in net funds. Of this, about 90% will be used for global layout and capacity construction, and approximately 10% will be used to supplement general operating funds. Prior to this placement, the company had not issued any H shares under the general authorization, and after the completion of this placement, the company has utilized about 96.68% of the currently available general authorization.