BRIEF: C-MER swings to the red on $26 million in charges
C-MER Medical Holdings Ltd. (3309.HK) said it expects to report its revenue was flat last year compared with 2023, as it swung into the red after taking about HK$200 million…
INDUSTRY BRIEF: China relaxes rules for foreign investment in hospitals
China has unveiled a pilot program to encourage more foreign investment in the country’s hospitals, allowing foreigners to fully own medical facilities in eight cities, including Beijing and Shanghai, Caixin…
FAST NEWS: Chaoju Invests 100 Million Yuan in Healthcare Fund
The Latest: Ophthalmic clinic operator Chaoju Eye Care Holdings Ltd. (2219.HK) on Wednesday said it will invest 100 million yuan ($14.3 million) for a 5% stake in a fund that…
Sick IPO? Clifford Medical Eyes Listing Despite Huge Reliance on Single Hospital
The private medical services group gets more than 94% of its revenue from its Clifford Hospital in Guangdong province, highlighting a major risk factor Key Takeaways: Clifford Medical has filed…
Burning Rock Builds Up Hospital Partner Pipeline as Losses Mount
Precision cancer diagnostics developer’s fourth-quarter revenue grew 50%, as two more of its key products moved closer to commercialization Key takeaways 1) Burning Rock’s in-hospital business could post healthy growth…