9 US IPOs by Chinese firms in 2014

0 Comment(s)Print E-mail China Daily, June 18, 2014
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Members of iKang's leadership team celebrate the IPO at the New York Stock Exchange April 9, 2014. [File photo]


8. iKang

On April 9, iKang Guobin Healthcare Group went public with the aim of raising up to $150 million on the Nasdaq stock market.

iKang is a Chinese healthcare checkup service provider, in which Goldman Sachs Group Inc and Government of Singapore Investment Corp both have stakes, has 40 health examination and medical treatment centers in 12 cities in China. It cooperates with 500 medical institutions in more than 200 Chinese cities. It accounts for 12.3 percent of China's health-check market in terms of revenue in 2013, according to research company Frost & Sullivan.

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