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Tong Ren Tang Healthcare Reopens IPO, Targeting HK$672M Fundraising Ahead of July 2 Closing

2026-06-26 00:20:29

Tong Ren Tang Healthcare Group, the traditional Chinese medicine (TCM) medical services subsidiary of Tong Ren Tang, relaunched its Hong Kong IPO subscription today through July 2, 2026. The company is offering 108 million H-shares at HK$5.48 to HK$6.21 per share, targeting up to HK$672 million in gross proceeds. A 500-share lot requires an entry fee of HK$3,136.31. The group plans to allocate 63.7% of net proceeds toward expanding its TCM medical service network, 26.3% toward repaying bank loans, and 10% for operations. Listing is expected on July 7, with China International Capital Corporation as exclusive sponsor.

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