New stock first day | BENQ Hospital (02581) makes its debut on the market with a 30.41% opening drop. The company is the largest private for-profit comprehensive hospital group in the East China region.

Mingji Hospital (02581) made its debut on the stock market, with an announced price of HKD 9.34 per share. A total of 67 million shares were issued, with a minimum trading unit of 500 shares, raising approximately HKD 5.55 billion in net proceeds. As of the time of this report, the stock price has dropped by 30.41% to HKD 6.5, with a turnover of HKD 8.6846 million. According to the prospectus, Mingji Hospital is a private for-profit comprehensive hospital group in mainland China, currently owning and operating two private for-profit comprehensive hospitals, Mingji Hospital in Nanjing and Mingji Hospital in Suzhou. Based on Frost & Sullivan data, the company is the largest private for-profit comprehensive hospital group in the East China region in terms of total revenue in 2024, with a market share of 1.0% in the region; based on the same criteria, the company ranks seventh among all private for-profit comprehensive hospital groups nationwide, with a market share of 0.4% in China; based on bed revenue in 2024, the company ranks first among all private for-profit comprehensive hospital groups in mainland China.