MicroPort, Basecare Medical launch HK IPOs

By Jonathan Breen
26 Jan 2021

Chinese healthcare duo MicroPort CardioFlow Medtech Corp and Suzhou Basecare Medical Corp have kicked off their Hong Kong IPOs after a week of pre-marketing.

MicroPort CardioFlow turned to investors on Tuesday with a float of 205.6m shares, eyeing up to HK$2.5bn ($323.6m) in proceeds. The company, which develops devices to treat structural heart diseases, is being spun off by MicroPort Scientific Corp, a Hong Kong-listed investment holding company that makes and sells medical ...

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