8 November, 2016
Guangdong Kanghua Healthcare Co., Ltd. (“Kanghua Healthcare”), the operator of the largest private hospital in China, today announced the allotment results of its global offering, including an international offering and a Hong Kong public offering. Kanghua Healthcare estimates that it will receive proceeds of approximately HK$884.7 million (US$114 million) from the global offering based on the offer price of HK$11.6 per H share, to be listed and traded on the Hong Kong Stock Exchange commencing 8 November 2016.
Skadden is representing Kanghua Healthcare. The Hong Kong corporate team includes partners Christopher Betts and Will Cai, Asia Pacific counsel Anthony Pang, and associates Ryan Tou, Richard Chang, Eric Lai, Wei Wang, and Sophia Tong.