Chaoju Eye Hospital Secures Approval for Up to $300 Million Hong Kong IPO

IFR reported that Chaoju Eye Care's Hong Kong IPO of up to $300 million has been approved. The company submitted its listing application to the Hong Kong Stock Exchange in January this year. Founded in Inner Mongolia in 1988, it currently operates 17 eye hospitals and 23 optometry centers. Net profit for the first nine months of last year increased by 59% year-on-year to approximately RMB 100 million.

Responsible Editor: Zhang Haiying