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Yonghe Medical’s gamble on growing demand for its hair transplant services led to losses in the second half of 2022 and first six months of 2023 • A stock…
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From:ChinaDaily | 2021-07-06 09:03
Frost & Sullivan: Market size of sector expected to surpass $5.85b in 2025
China s hair transplantation market is embracing rapid development as more consumers are willing to pay for care services for hair, which meanwhile should be given more careful thought to optimize the business roadmap and ensure a sustainable development of the sector.
By the end of June, Beijing-based Yonghe Medical Group Co Ltd, the Chinese mainland s largest hair transplantation company by sales, filed its initial public offering application to the Hong Kong stock exchange.
The company said it plans to raise HK$1.9 billion ($244.7 million) via the IPO. The money will be used to establish 50 more hair transplantation outlets and 60 nonsurgical medical centers in China.
Uptrend of hair transplantation creates a niche By ZHENG YIRAN | China Daily | Updated: 2021-07-06 09:03 Share CLOSE Doctors conduct a hair transplant operation at a Yonghe Medical Group facility in Beijing. PAN XULIN/CHINA NEWS SERVICE
Frost & Sullivan: Market size of sector expected to surpass $5.85b in 2025
China s hair transplantation market is embracing rapid development as more consumers are willing to pay for care services for hair, which meanwhile should be given more careful thought to optimize the business roadmap and ensure a sustainable development of the sector.
By the end of June, Beijing-based Yonghe Medical Group Co Ltd, the Chinese mainland s largest hair transplantation company by sales, filed its initial public offering application to the Hong Kong stock exchange.