DLA Piper Advised On Hong Kong IPO Of 160 Health, China’s Leading Digital Healthcare Integrated Service Provider
DLA Piper Advised on Hong Kong IPO of 160 Health, China’s Leading Digital Healthcare Integrated Service Provider
The Leading Global Law firm, DLA Piper advised the sponsors and underwriters of 160 Health International Limited (160 Health) on its initial public offering on the Main Board of the Hong Kong Stock Exchange (HKEX), raising approximately HKD 400 million. Shenwan Hongyuan Capital (H.K.) Limited and Zero2IPO Capital Limited acted as the joint sponsors.
160 Health, a leading digital healthcare integrated service provider in China, operates the Healthcare 160 platform, the largest digital healthcare and wellness service platform in the country. The platform delivers comprehensive digital healthcare and wellness solutions to a wide network of participants, including businesses, medical institutions, professionals, individual users, and third-party merchants, supporting the digital transformation of China’s healthcare value chain.
George Wu commented: “160 Health’s successful listing reflects both the company’s strong fundamentals and the exciting growth potential of China’s rapidly evolving digital healthcare sector. Our team is proud to have supported our client on this significant milestone, which highlights the strength of our equity capital markets practice, cross-border capabilities, and the resilience of the Hong Kong IPO market.”
The DLA Piper team advising on the IPO was led by George Wu (Partner, Co-Head – Equity Capital Markets, EMEA & Asia Pacific), with support in Hong Kong from Jack Li (Senior Associate), Jessica Sun (Registered Foreign Lawyer), Yu Sun (Registered Foreign Lawyer), Marcus Ng (Associate), Ivy Chung (Legal Officer), Nicholas Chan (Legal Assistant), Lily Choi (Legal Assistant), and Bernie Wong (Trainee Solicitor). Additional support was provided by Charlotte Wang (Legal Assistant, Shanghai) and Sophia Sun (Corporate Associate, Shanghai Kaiman Law Firm).
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