APAC IPOs & Placements

Zhen Zhou, Toh

Smartkarma

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

Research Reinvented

Equity Capital Markets

China Medical System / Equity Capital Markets

<p>Lam Kong (Chairman) and Cheng Hongbing (Co-founder) are selling down 47.5m  and 25.6 shares of <a href="https://www.smartkarma.com/entities/18736" target="_blank" data-smartkarma-citation="entities:18736:1">China Medical System Holdings (867 HK) </a>respectively, totalling up to 73m shares. Post sale, the two individuals will hold about 47% of the company.</p><p>The deal scores well on our framework owing to strong momentum and good track record. Its recent result is shown decent growth with revenue and core profit are up 23%. In March 2015, the founders sold down part of shares coupled with a primary share sale…</p>

Lam Kong (Chairman) and Cheng Hongbing (Co-founder) are selling down 47.5m  and 25.6 shares of China Medical System Holdings (867 HK) respectively, totalling up to 73m shares. Post sale, the two individuals will hold about 47% of the company.The deal scores well on our framework owing to strong momentum and good track record. Its recent result is shown decent growth with revenue and core profit are up 23%. In March 2015, the founders sold down part of shares coupled with a primary share sale…

China Medical System Placement - Good Track Record and Decent 1H Results