Sub Banner Image

Li Ka-Shing-Backed Hutchmed Sells Stake in Unit for $608 Million

Markets

Shirley Zhao

·

January 1, 2025

·

Bloomberg

Biopharmaceutical firm Hutchmed China Ltd., backed by billionaire Li Ka-shing, has agreed to sell stakes in a health unit for about $608 million as the group seeks to generate capital and focus on its core businesses.

More from

Bloomberg

More

Markets

Articles

Trending News

Enjoy premium content in your inbox.