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Day: September 11, 2025

CICC Participates in the 10th Belt and Road Summit in Hong Kong

HONG KONG, Sept. 10, 2025 (GLOBE NEWSWIRE) — On September 10, the 10th Belt and Road Summit, co-organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), was officially opened in Hong Kong. China International Capital Corporation Limited (CICC) participated as a strategic partner. Chen Liang, Chairman of the Board of Directors and Chairman of the Management Committee of CICC, attended the summit and delivered opening remarks during the themed session. Liang Dongqing, member of the Management Committee, also represented CICC at the event. Chen Liang, Chairman of the Board of Directors and Chairman of the Management Committee of CICC Under the theme “Collaborate for Change • Shape a Shared Future”, the summit brought together senior government officials,...

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LB Pharmaceuticals Announces Pricing of its Upsized Initial Public Offering

NEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) — LB Pharmaceuticals Inc (“LB Pharmaceuticals”) today announced the pricing of its upsized initial public offering of 19,000,000 shares of its common stock at a public offering price of $15.00 per share. The aggregate gross proceeds to LB Pharmaceuticals from the offering are expected to be $285.0 million before deducting underwriting discounts and commissions and other offering expenses payable by LB Pharmaceuticals. In addition, LB Pharmaceuticals has granted the underwriters a 30-day option to purchase up to an additional 2,850,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the Nasdaq Global Market on September 11, 2025 under the ticker symbol “LBRX.” The offering is expected to...

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