Founder

Kemp Dolliver, CFA

Cherrystone Hill Research

Equity Capital Markets

New Century Healthcare Holding / Equity Capital Markets

New Century Healthcare, a private equity-backed pediatric hospital operator in China, is a potential new listing on the HKEX. The company plans to raise US$129 million (HK$1 billion) through an initial public offer (IPO) this week. The deal is small and we have not seen a pre-deal report or management presentation. As a result, we will make some general comments with those caveats and refer you to Sumeet Singh's Insight <a href="https://www.smartkarma.com/insights/new-century-healthcare-ipo-the-founder-and-pe-seemed-to-be-more-focussed-on-the-unlisted-assets" target="_blank" data-smartkarma-citation="insights:8023">New Century Healthcare IPO - The Founder and PE Seemed to Be More Focussed on the Unlisted Assets</a> for additional comments using the IPO Analyzer.We do not recommend taking the deal. In addition the Sumeet's points, the company is positioning as a “two-child policy” play that would benefit from a significant increase in China’s birth rate. The evidence to date is that this policy change’s impact has been muted. See out Insights on competitor <a href="https://www.smartkarma.com/entities/538" target="_blank" data-smartkarma-citation="entities:538:1">Harmonicare Medical Holdings (1509 HK)</a> for additional perspective on this subject.

New Century Healthcare, a private equity-backed pediatric hospital operator in China, is a potential new listing on the HKEX. The company plans to raise US$129 million (HK$1 billion) through an initial public offer (IPO) this week. The deal is small and we have not seen a pre-deal report or management presentation. As a result, we will make some general comments with those caveats and refer you to Sumeet Singh's Insight New Century Healthcare IPO - The Founder and PE Seemed to Be More Focussed on the Unlisted Assets for additional comments using the IPO Analyzer.We do not recommend taking the deal. In addition the Sumeet's points, the company is positioning as a “two-child policy” play that would benefit from a significant increase in China’s birth rate. The evidence to date is that this policy change’s impact has been muted. See out Insights on competitor Harmonicare Medical Holdings (1509 HK) for additional perspective on this subject.

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

New Century Healthcare (NCH) plans to raise up to US$130m through an issuance of primary shares to part fund its expansion plans of building new hospitals and clinics. In this insight, we run the deal through our framework, look at the company's past growth record and comment on management and PE owning a host of related assets which aren't being listed.

New Century Healthcare (NCH) plans to raise up to US$130m through an issuance of primary shares to part fund its expansion plans of building new hospitals and clinics. In this insight, we run the deal through our framework, look at the company's past growth record and comment on management and PE owning a host of related assets which aren't being listed.

New Century Healthcare IPO - The Founder and PE Seemed to Be More Focussed on the Unlisted Assets

China

New Century Healthcare Holding Co. Limited operates hospitals. The Company manages pediatrics, obstetrics, and gynecology specialty hospitals throughout China.

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New Century Healthcare Holding (1518 HK)

Is It a Baby Boom If I Can't Hear It?

New Century Healthcare, a private equity-backed pediatric hospital operator in China, is a potential new listing on the HKEX. The company plans to...

Kemp Dolliver, CFA

New Century Healthcare IPO - The Founder and PE Seemed to Be More Focussed on the Unlisted Assets

New Century Healthcare (NCH) plans to raise up to US$130m through an issuance of primary shares to part fund its expansion plans of building new...

Sumeet Singh

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)