Understanding the Market | 160 HEALTH rises over 10%, more than 2.3 times the IPO price. The company is a comprehensive service provider for digital healthcare

160 HEALTH has risen over 10% again, reaching HKD 39.5, an increase of over 230% compared to the offering price of HKD 11.89. As of the time of writing, it has risen 9.52%, trading at HKD 39.1, with a transaction volume of HKD 20.9957 million. The prospectus shows that 160 HEALTH is an experienced wholesale distributor of Chinese pharmaceutical and health products and a leading provider of integrated digital healthcare services. The company offers a variety of pharmaceutical and health products to customers, as well as comprehensive digital healthcare solutions. In addition, the company provides digital healthcare solutions through its online healthcare service platform - the 160 HEALTH platform, empowering participants across the entire healthcare industry chain. As of March 31, 2025, the 160 HEALTH platform has connected over 44,600 healthcare institutions since its establishment