Senior managers at Zhongmei Healthcare Group will doubtless be hoping that the Chinese private hospital operator gets the same fabulous reception as its predecessors when it starts marketing its Hong Kong initial public offering later this year.
Two banking sources familiar with the company said private equity-backed Zhongmei, which filed a listing application with the Hong Kong stock exchange on Monday, could try to raise as much as $100 million.
Based on the $64 million paid by Carlyle Group in January for a 15.7% stake, the company is currently valued at $407 million.
The deal reflects strong interest in China's healthcare sector...
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