MicroPort, Basecare Medical launch HK IPOs

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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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