China and Hong Kong should relax biotech listing rules, venture capitalist says

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Venture capitalist Nisa Leung, speaking at China's annual political meetings, advocated for mainland China and Hong Kong to relax listing rules for biotechnology companies and lower takeover thresholds. Leung, a managing partner at Aulis Capital and a member of the CPPCC, believes this would capitalize on renewed foreign interest in the healthcare sector, which was highlighted in Premier Li Qiang's government work report. She pointed to the successful Hong Kong listing of Insilico Medicine as a positive example, but noted regulatory bottlenecks at the China Securities Regulatory Commission (CSRC) are slowing down new listings. Leung emphasized the importance of biopharmaceutical companies expanding overseas and Hong Kong's growing role as a capital center for AI and healthcare.
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