Streetbeat News

CSPCY

CSPC Pharmaceutical Group Limited.

Industry

Pharmaceutical Preparation Manufacturing

Open

2.38

Mkt cap

6.4B

Volume

352

High

2.38

P/E Ratio

9.57

52-wk high

3.82

Low

2.20

Div yield

0.06

52-wk low

2.17

BenQ Hospital, operated by BenQ BM Holding Cayman Corp., has filed for an IPO in Hong Kong, aiming to become the first comprehensive private hospital listed there. With a revenue increase of 15% last year to 2.69 billion yuan, the company plans to use IPO funds for expansion and upgrades. Despite the growing healthcare market in China, BenQ faces challenges in expanding beyond its two main hospitals due to capacity constraints and lacks a major growth story, potentially limiting investor interest.

Portfolio Pulse from The Bamboo Works

April 15, 2024 | 6:03 pm

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