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Sequoia Makes $30+ Million Investment in China Cardiac Hospital Chain

publication date: Jan 12, 2017
Sequoia Capital China made a strategic investment in Hong Kong Asia Medical Center, an operator of Chinese hospitals that emphasize cardiology care. Although the size of the investment was not disclosed, it was described as being in the hundreds of millions RMB (each 100RMB equals $14.5 million). Altogether HKAMC has 3,000 beds with a flagship hospital in Hong Kong, plus cardiology hospitals in Wuhan, Xinjiang province and other cities. HKAMC plans to expand its hospitals in China and overseas, while its also improves its existing facilities. More details....

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