Medlive Technology Advances Plans for Hong Kong IPO


Source: marketscreener.com marketscreener.com

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By Ben Otto Medlive Technology Co., an online medical information and marketing platform, is advancing plans for an initial public offering in Hong Kong, joining the growing list of Chinese healthcare-focused companies seeking to tap into bullish sentiment in the Asian financial hub. The Beijing-based online platform intends to use the proceeds to expand its business, invest in technology and make strategic investments or acquisitions, it said in a filing to the Hong Kong bourse Tuesday. It didn't specify a timeline for the offering or the amount it planned to raise. Medlive operates China's largest online platform for doctors by...