The number of pharmaceutical IPOs has maintained an upward trend for two consecutive quarters

December 2nd, according to Wind data, the number of IPOs in the healthcare sector in A-shares, Hong Kong stocks, and US stocks increased to 26 in the third quarter of 2023 compared to the second quarter. The number of IPOs has maintained an upward trend for two consecutive quarters. The first-day break rate and end-of-period break rate have both rebounded compared to the second quarter, reaching 33.33% and 54.17% respectively. The overall sector is still at a turning point towards recovery.

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