BENQ HOLDING (02581) made its market debut, with its IPO priced at HKD 9.34 per share. The company issued 67 million shares, with each lot consisting of 500 shares, raising a net proceeds of approximately HKD 555 million. By the time of writing, the stock had fallen 30.41% to HKD 6.5, with a turnover of HKD 8.6846 million.

According to its prospectus, BENQ HOLDING operates as a for-profit private comprehensive hospital group in mainland China, currently owning and managing two hospitals: Nanjing BENQ Hospital and Suzhou BENQ Hospital. Data from Frost & Sullivan shows that, based on total revenue in 2024, the company is the largest for-profit private hospital group in East China, holding a 1.0% market share in the region. Nationally, it ranks seventh among for-profit private hospital groups, with a 0.4% market share in China. Additionally, in terms of revenue per bed in 2024, BENQ HOLDING leads all for-profit private hospital groups in mainland China.