Sihuan Pharma to IPO in Hong Kong

Sihuan Pharmaceutical Holdings Group has filed to IPO in Hong Kong, with expectations that the offering will raise between $600 million and $700 million. Sihuan was taken private last year for $458 million by a JV comprised of Morgan Stanley Private Equity Asia and the controlling shareholders of Sihuan Pharmaceutical. Previously, it was listed on the Shanghai exchange. More details....