Kangning to Raise $30 Million in China Psychiatric Hospital IPO

Published on: Dec 28, 2017
Author: Amy Liu

Wenzhou Kangning Hospital plans a $30 million China IPO to expand its private psychiatric hospital offerings. The company owns three hospitals, all in Zhejiang province, and provides psychiatric services in other hospitals. Two years ago, Kangning, which has a $406 million market capitalization, staged an $88 million IPO on the Hong Kong exchange.

Source: China Biotoday

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