King Wo Financial News | Health Road (02587) begins its initial public offering today, with plans to issue 25 million shares, of which 10% will be offered to the public in Hong Kong and the remainder for international placement. The offering price per share ranges from HKD 7.8 to HKD 8.8, with a minimum investment of 500 shares, totaling an entry fee of HKD 4,444.38. The shares are expected to be listed on December 30. China International Capital Corporation is the sole sponsor.

Based on the median offering price of HKD 8.3, it is expected to raise HKD 0.121 billion, with approximately 60.5% intended for Business development, including 33.5% and 27% respectively for Medical Services and Enterprise Services & Digital Marketing Services; about 21% anticipated for Global Strategy investment or acquisitions; around 14.5% expected for research and development; and approximately 4% earmarked for working capital and general corporate purposes.