Union Medical studies possible HK IPO

Hong Kong-based aesthetic medical service provider is gauging market demand but a deal is unlikely to materialise until March.

Union Medical studies possible HK IPO

Union Medical Healthcare took advantage of the improvement so far this week in market sentiment to kick off pre-marketing on Tuesday for an initial public offering in Hong Kong that could raise as much as $150 million for the aesthetic medical service provider. 

The investor education exercise follows Monday's strong rally in global stock markets, led by Tokyo, where shares surged by 7% on expectations of extra stimulus measures. The gains continued into...

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