Harmonicare Medical's IPO delivers $205m

The private obstetrics and gynaecology hospital group's listing on the Hong Kong bourse priced at the very top of the range despite market turbulence.

Harmonicare Medical's IPO delivers $205m

Harmonicare Medical Holdings, a private obstetrics and gynaecology hospital group, raised HK$1.59 billion $205.1 million in its Hong Kong initial public offering Thursday after pricing its shares at the top of the range.

The hospital group was offered at a compelling valuation to its peers, and therefore did not have trouble drumming up demand despite crashing A-share markets and turbulence caused by a potential Greek exit from the Eurozone. On Thursday, Eurozone finance...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: harmonicare | morgan stanley | ccbi | ipo | hong kong | healthcare

Print Edition

FinanceAsia Print Edition