Zai Lab Secures 300 Million Yuan Credit Line

MT Newswires Live

10/17

Zai Lab (HKG:9688) secured a 300 million yuan loan facility from Industrial Bank (SHA:601166), according to a Hong Kong bourse filing on Friday.

The loan will help support the company's working capital needs in mainland China.

The facility expires on May 5, 2026.

The biopharmaceutical company's shares were down over 1% in pre-market trade.

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