Bloomberg Shanghai Henlius Biotech Inc., backed by Fosun Group, is planning an initial public offering that could make it one of the first to take advantage of proposed Hong Kong listing rules aimed at attracting early-stage drug developers, people familiar with the matter said. The subsidiary of Shanghai Fosun Pharmaceutical (Group) Co. is considering selling shares in Hong Kong as ...

Bloomberg India expects to spend up to $1.9 billion annually on premium payments to provide as many as 100 million poor families with free access to health care. The programme, which provides poor with hospital care, will be funded with 60 percent contribution from the federal government and rest coming from the states, the National Institution for Transforming India, the ...

Bloomberg Apple Inc. quelled investor concern with results showing solid demand for its flagship iPhone X and a pledge to put its cash hoard to work in buybacks, dividends and acquisitions. The average selling price for the iPhone, Apple’s most important gadget, was $796 in the crucial holiday quarter. That was up from less than $700 a year earlier and ...