Shares of 160 Health International shine in Hong Kong debut

160 Health International

17/09/2025 03:48

** Shares of 160 Health International 2656.HK trade as high as HK$32.6 in their Hong Kong debut, up 174% from the offer price of HK$11.89 apiece

** Stock trims early gains to HK$29.5, still up 148% from the offer price, with 5.5 million shares worth HK$153.1 million ($19.68 million) changing hands by mid-morning

** The pharmaceutical products distributor and healthcare platform operator offered 33.65 million shares for sale in global offering, raising HK$400 million ($51.43 million)

** Says proceeds raised will be used to broaden medical resources coverage, boost platform traffic, to fund expansion of in-house R&D team and acquisition, among others

** Says subscription level for Hong Kong public offering portion is 751.77 times, while international offering portion is 1.92 times

** Hang Seng Healthcare Index .HSHCI falls 1.5%, while      benchmark Hang Seng Index .HSI adds 0.8%

($1 = 7.7777 Hong Kong dollars)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))