Hospital Corporation of China Ltd. Issues $63 Million Hong Kong IPO
April 13, 2017
Cleary Gottlieb represented Hospital Corporation of China Limited in its HK$491 million (approximately $63 million) initial public offering.
China International Capital Corporation Hong Kong Securities Limited served as sole global coordinator, sole book runner and sole lead manager. The deal was priced on March 9, 2017, and the shares began trading on the Hong Kong Stock Exchange on March 16, 2017. The over-allotment option was exercised in full by the underwriters on April 13, 2017.