Profits recover at Alibaba Health but prognosis unclear
The digital pharmacy and healthcare provider returned to profit in the last fiscal year but is still struggling to limit its reliance on drug sales Key Takeaways: Alibaba Health delivered…
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Medical imaging group Rimag sets growth focus with IPO
Buoyed by a healthcare boom, the provider of medical imaging services has filed to list on the Hong Kong Stock Exchange. Key Takeaways: Revenues have been rising at Rimag Group,…
JD’s boardroom shuffle ignites talk of founder’s return
The executive who replaced JD.com founder Richard Liu as CEO only a year ago is unexpectedly stepping down, handing the reins to the firm’s CFO. The management shake-up at the…
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Yidu Tech Looks for Elixir With International Unit Stake Sale
The medical data services provider said it will sell 20% of its EVYD Technology unit to the Southeast Asian nation of Brunei’s sovereign wealth fundKey Takeaways:Yidu Tech is selling 20%…
Catching Listing Chill, Dingdang Health Slashes Hong Kong IPO
China’s third largest digital retail pharmacy has been approved for a Hong Kong IPO, but cut the size by 90% from an earlier target Key Takeaways: Dingdang Health has passed…
Online Medical Educator Huayiwang Seeks Growth Booster from IPO
The educational platform operator slipped into the red in the first five months of this year as it faces growing competition Key Takeaways: Hong Kong IPO candidate Huayiwang Technology recorded…
ClouDr Suffers Chronic Losses but Still Set for High-Value Health IPO
Online medical services provider ClouDr is about to list on the Hong Kong Stock Exchange. Its losses over three years amount to 7.6 billion yuan, but its IPO valuation is…