China's Kangji Medical, Hygeia Healthcare shine in Hong Kong debut

Hygeia Healthcare Holdings Co

29/06/2020 03:11

** Shares of Chinese surgical instruments maker Kangji
Medical Holdings Ltd  9997.HK  and hospital operator Hygeia
Healthcare Holdings Co Ltd  6078.HK  soar on trading debut,
bucking a slide in the broader market
    ** Kangji Medical rises to HK$26.70, up 92.4% from the offer
price of HK$13.88 apiece in its Hong Kong IPO
    ** Kangji Medical had offered 225.4 million shares in Hong
Kong IPO, raising HK$3.13 bln ($403.9 mln), to expand production
capacity, to fund R&D, sales and marketing, and to finance
strategic investment, acquisitions   urn:newsml:reuters.com:*:nFWN2E210J
    ** Hygeia Healthcare gains to HK$24.75, up 33.8% from the
IPO price of HK$18.50 apiece in Hong Kong IPO
    ** The Shanghai-based hospital operator and radiotherapy
equipment maker Hygeia Healthcare offered 120 million shares in
IPO, raising HK$2.22 bln ($286.4 mln) to upgrade hospitals and
information technology systems, and to fund acquisition 
 urn:newsml:reuters.com:*:nFWN2E210F
    ** Both the Hang Seng China enterprises index  .HSCE  and
the benchmark index  .HSI  slide 0.4%

($1 = 7.7503 Hong Kong dollars)

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)