Warburg-backed Chinese oncology healthcare firm Hygeia raises $286m in HK IPO

Warburg-backed Chinese oncology healthcare firm Hygeia raises $286m in HK IPO

REUTERS/Bobby Yip

Hygeia Healthcare, a Chinese oncology healthcare group backed by US private equity major Warburg Pincus, raised HK$2.22 billion ($286 million) in an initial public offering (IPO) on the Main Board of the Hong Kong Stock Exchange (HKEX) on Monday.