China Medical Robot Maker Hurwa Weighing Hong Kong IPO, Sources Say
- Beijing-based firm could raise $200 million from share sale
- Hurwa working with CICC and CMBI on potential listing
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Hurwa, a Chinese developer of medical robots used in surgeries, is considering an initial public offering in Hong Kong that could raise about $200 million, people with knowledge of the matter said.
The Beijing-based company is working with China International Capital Corp. and CMB International Capital Corp. on a potential listing as soon as this year, the people said, asking not to be identified as the information is private. Hurwa is valued at 8 billion yuan ($1.3 billion) to 10 billion yuan, the people said.