BenQ Hospital Files For IPO As Business Looks Stable, But With Few Growth Spots
==========
BenQ Hospital has filed to list in Hong Kong, reporting its revenue rose 15% last year to 2.69 billion yuan. The hospital operator has two hospitals, Nanjing BenQ Hospital and Suzhou BenQ Hospital, with a total operating area of about 380,000 square meters and more than 900 doctors. BenQ's revenue has risen steadily over the last three years, from 2.22 billion yuan in 2021 to 2.69 billion yuan last year. The landscape for private hospitals in China is steadily improving, with the market expected to reach 16.2 trillion yuan in 2030. BenQ plans to use the IPO funds to expand and upgrade its existing facilities. However, the company lacks a major growth story beyond its two main hospitals to attract investors in the local stock market.
#BenqHospital #Ipo #HongKong #PrivateHospitals #HealthcareMarket