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Liu Chuanzhi Stoke the Gong Five Times in SEHK, Celebrating Listing of Hospital Corporation of China Limited (03869)

Article Source:| 2017-03-16 | zhitongcaijing.com |   Updated: 2017-03-17 09:46:00

All witnesses, including Liu Chuanzhi who struck the gong, were puzzled by the unprecedented five consecutive gong strikes in SEHK.

Liu Chuanzhi, Chairman of Legend Holdings, attended the listing ceremony of Hospital Corporation of China Limited held in Hong Kong on March 16. At 9:30 a.m., Liu Chuanzhi and Zhang Xiaopeng, CEO of Hospital Corporation of China Limited, stroke the gong. After the first strike, Zhang Xiaopeng continued striking the gong, and with just a hesitation, Liu Chuanzhi also continued the stroke. They stroke the gong for five consecutive times.

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Caught by confusion, all guests on site didn’t figure out what was going on before the third strike and then they started applause and burst into cheers. An official of Hony Capital said “We are all puzzled by their behavior and that was no predetermined act”.

It is joked by a guest that they used the gong striking in SEHK as a salute for the listing of Hospital Corporation of China Limited.

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After the ceremony, Liu Chuanzhi rushed out under the escort of Zhao Linghuan, President of Hony Capital and President of Hospital Corporation of China Limited, no further communication with other guests. 

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According to Zhang Xiaopeng during interview with zhitongcaijing.com, the five strikes indicated five blessings for Hospital Corporation of China Corporation: longevity, prosperity, peace, morality, and sustainability, which are also the management concepts of Hospital Corporation of China Corporation.

As for oversubscription to shares of Hospital Corporation of China Limited, Zhao Linghuan said, it is the subscriber rather than the subscription quantity that matters. Subscribers of shares of Hospital Corporation of China Limited mainly consist of quality institutions and professional investors from the medical industry, elder caring industry, and medicine industry in China, who can grow together with Hospital Corporation of China Limited.

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According to Zhao Linghuan, Hospital Corporation of China Limited aims at developing into a medical management group instead of just a hospital corporation; in China, regional hospitals are now scattered and small in scale, and thus can hardly attract excellent doctors and have advanced medical resources. Hospital Corporation of China Limited just makes use of such an opportunity.

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He said, through such a special mode, Hospital Corporation of China Limited manages regional hospitals and helps these hospitals to grow. Besides, subsidiary hospitals of Hospital Corporation of China Limited are all located in urban areas with a population of 300,000 to 500,000, and the great medical demands here will further promote subscription to our shares.

He emphasized that such a medical innovation will lead the trends in the stock market in Hong Kong.