China's hair transplantation group Yonghe shines in Hong Kong debut

Yonghe Medical

13/12/2021 03:42

** Shares of hair transplantation and medical care service
group Yonghe Medical Group Co Ltd  2279.HK  trade as high as
HK$17.28 in Hong Kong debut, up 9.4% from the offer price
    ** Stock last up nearly 7% from the offer price of HK$15.80
apiece; the ninth most actively traded by turnover in late
morning
    ** Beijing-based company offered 94.42 mln shares in global
offering, raising HK$1.49 bln ($191.1 mln) to expand and upgrade
hair transplant clinics in its network in China, for R&D and for
acquisitions  urn:newsml:reuters.com:*:nFWN2SL19Q
    ** The Hang Seng Commerce & Industry Index  .HSNC  rises
1.7%, while healthcare index  .HSCIH  slips 0.4%
    ** The Hang Seng Composite Index  .HSCI  and the benchmark
Hang Seng Index  .HSI  both gain 1%



($1 = 7.7980 Hong Kong dollars)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))