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Hygeia Healthcare Stages $282 Million Hong Kong IPO for Radiotherapy Services

publication date: Jun 30, 2020

Hygeia Healthcare Holdings, China's largest provider of radiotherapy services for oncology, staged a $282 million IPO on the Hong Kong Exchange. Founded in 2009, Shanghai's Hygeia provides radiotherapy services to 50 hospitals owned by 15 hospital partners in nine provinces. It also manufacturers a radiotherapy system known as GyroKnife, a therapy used in cancer treatment, and it operates its own network of 10 oncology hospitals in China, providing over 2,000 beds. Hygeia closed its first trading session at HK$26.00 per share, a gain of 40.5% over the IPO price. More details....

Stock Symbol: (HK 6078)

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