Biostime raises $322 million from CB

Chinese baby formula milk continues to be a winner with investors.
Biostime's European-sourced milk powder is sold as a premium product
Biostime's European-sourced milk powder is sold as a premium product
January 15, 2014

Biostime International, a Chinese milk powder company, made its post-IPO capital markets debut on Tuesday with a HK$2.5 billion ($322 million) convertible bond.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media