SWHY(SZ:000166) 申万宏源证券上海北京西路营业部·2025-09-19 04:47Group 1 - Health 160 International Limited successfully listed on the Hong Kong Stock Exchange on September 17, 2025, with a share price of HKD 11.89, raising a total of HKD 400 million [2] - The company focuses on integrated digital healthcare services, aiming to become a leading online and offline healthcare service provider in China [4] - The IPO received an overwhelming response, with a subscription rate of 751.8 times for the public offering, marking it as the first digital healthcare stock under the new pricing and allocation rules in Hong Kong [4] Group 2 - Shenwan Hongyuan Hong Kong acted as the joint sponsor, overall coordinator, joint global coordinator, joint bookrunner, and joint lead manager for the IPO, showcasing its capabilities in the Hong Kong IPO and healthcare sectors [4] - The successful listing reflects Shenwan Hongyuan's strength in resource integration and its client-centric service philosophy, emphasizing the synergy of "investment + investment banking + research" [4]