SEHK:9637Pharmaceuticals
Alebund Pharmaceuticals Jiangsu (SEHK:9637) Jumps After IPO But Is The Valuation Already Priced In
Alebund Pharmaceuticals (Jiangsu) (SEHK:9637) has just completed a HK$1.28b IPO in Hong Kong, an event that brings new attention to its kidney disease drug pipeline and newly listed H shares.
See our latest analysis for Alebund Pharmaceuticals (Jiangsu).
The strong first day reception for Alebund Pharmaceuticals (Jiangsu) has been followed by a 1 day share price return of 18.75% to HK$30.28, although the share price return year to date is down 34.17%. This suggests short term momentum is...