Sisram Medical HKSE IPO

Overview:

• Sisram Medical—a unit of Chinese conglomerate Fosun International—has launched an IPO on the Hong Kong Stock Exchange (HKSE).
• It is the first ever Israeli incorporated company to be listed on the HKSE.
• The global offering of 110 million shares aims to raise $200 million, and the proceeds will be primarily used to expand sales channels, distribution networks, and for strategic acquisitions.
• Sisram Medical is a leading global provider of energy-based medical aesthetic treatment systems.

Adam Majeed - Regional editor