New Century delivers new year's first Hong Kong IPO

Pricing of Chinese paediatric hospital operator's deal indicates 2017 could again see sheer weight of onshore demand keep IPO valuations above levels offshore investors believe the fundamentals warrant.
January 12, 2017

Paediatric hospital operator, New Century Healthcare, priced its 138 million share initial public offering bang on the mid-point of its indicative range on Thursday, raising HK$1,015.68 ($131 million) on a post-shoe basis. 

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