Deals
Wuhan Asia Heart Hospital Weighs Hong Kong IPO Next Year
- Group’s offering could raise a few hundred million dollars
- Investor demand for health-care IPOs has dropped sharply
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Wuhan Asia Heart Hospital, a private health-care services group, is planning a Hong Kong initial public offering that could raise a few hundred million dollars, according to people familiar with the matter.
The group is working with JPMorgan Chase & Co. and Morgan Stanley on the proposed offering, the people said, asking not to be identified as the information isn’t public. An IPO could take place as soon as next year, they said.