Guangdong Kanghua IPO:Â Concentration Risk and More Track Record Needed
Guangdong Kanghua (GDKH) has one of the largest for-profit private hospital in China (Kanghua hospital) in terms of registered beds and third...
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How to Whiff an IPO
Harmonicare listed in July 2015 at HKD7.55. The shares have fared poorly -- down 27% since the listing. The company missed its forecasts...
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Kangning Hospital IPO: Unique? Yes. Deserving of a Premium? No.
Following our fellow healthcare expert Kemp's note on Wenzhou Kangning Hospital, the company recently launched its IPO to raise US$73-88m for...
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An Interesting Sub-sector, But Do the Numbers Work?
Wenzhou Kangning Hospital is a leading operator of private psychiatric hospitals in China. The company owns five hospitals, manages three, and...
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Bangkok Dusit Medical: The Risks of the Big Ramp Up
Thailand's Bangkok Dusit Medical Services is in the midst of a program to increase its network to 50 hospitals from 42 currently (35 in 2014)...
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