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Hong Kong to spend on boosting health services, more beds

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18-May-15 Hong Kong's government is supporting a variety of capital works projects to help meet long-term healthcare needs. Capital expenditure for the projects under construction is estimated at over HKD80 billion, contributing to an increase of up to 2,800 beds. [image: News Gov HK]

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Zhuhai Blue Ocean Aims to Raise USD1 billion in Hong Kong IPO

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13-May-15 Chinese hospital-investment firm Zhuhai Blue Ocean Strategy Medical plans to raise about USD1 bn in a Hong Kong initial public offering in the third quarter of 2015. Founded in 2010, the private company provides hospital management services and has formed business partnerships with over 300 hospitals across 200 cities. [image: Reuters]

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HK govt increases budget allocation for healthcare

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03-Mar-15 Hong Kong will continue to increase healthcare spending. In the 2015-16 budget, allocation to the Hospital Authority will increase nearly 50%. Financial Secretary John Tsang said the growth of the elderly population will push up demand for healthcare. He said the government will carry out projects to provide an additional 2,000 beds. [image: Healthcare Innovation]

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