BRIEF: Venus Medtech sells Hangzhou project for 375 million yuan
Medical device maker Venus Medtech (Hangzhou) Inc. (2500.HK) announced on Tuesday that it will sell its Qiming Healthcare Life Science Industrial Park in Hangzhou, along with related land-use rights, to…
NEWS WRAP: MediTrust Health says AI to empower better decision-making for insurers
The healthcare payor platform’s founder and CEO Seth Zhang said AI can help insurance companies boost their efficiency, but achieving consistent accuracy is a key obstacle By Doug Young…
BRIEF: Softcare jumps in trading debut in heavily oversubscribed IPO
Shares of leading African diaper seller Softcare Ltd. (2698.HK) opened 33.5% higher in their Hong Kong trading debut on Monday, and retained most of the gains to close up 31.5% at…
BRIEF: Sichuan Biokin launches Hong Kong IPO, eyes Stock Connect program entry
Biopharmaceutical company Sichuan Biokin Pharmaceutical (2615.HK; 688506.SH) launched its Hong Kong IPO on Friday, aiming to raise up to HK$3.36 billion ($432 million) by selling 8.63 million shares for between…
BRIEF: Ping An Health’s profit jumps
Healthcare platform Ping An Healthcare and Technology Co. Ltd. (1833.HK) said on Thursday its profit jumped 72% year-on-year to 184 million yuan ($26 million) in the first nine months of…
BRIEF: Haixi Pharma delays IPO trading debut
Fujian Haixi Pharmaceuticals Co. Ltd. (2637.HK) said on Thursday night that the trading debut for its Hong Kong IPO, originally scheduled for Friday, will be postponed. It blamed the delay…
BRIEF: ImmuneOnco to raise $45 million via share placement at 13% discount
Innovative drug developer ImmuneOnco (1541.HK) announced on Thursday that it plans to place 24.2 million new shares, representing about 5.61% of its enlarged share capital, to raise HK$351 million ($45…
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