SZ-listed Chinese medical device maker Kinetic to raise $155m from Temasek, Hillhouse

SZ-listed Chinese medical device maker Kinetic to raise $155m from Temasek, Hillhouse

Medical equipment in an operating theatre

Shanghai Kinetic Medical, a Chinese medical instrument manufacturer listed on the Shenzhen Stock Exchange (SZSE), plans to raise about 1.10 billion yuan ($155 million) from Temasek and Hillhouse Capital Management through a private placement.

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