Understanding the Market | 160 HEALTH surged over 8% during trading, setting a new historical high, having risen over 256% since its listing a month ago

160 HEALTH rose over 8% during trading, reaching a new high of HKD 42.34, an increase of over 256% compared to the offering price of HKD 11.89. As of the time of writing, it rose by %, reported at 5.84%, priced at HKD 41.32, with a transaction volume of HKD 31.8255 million. 160 HEALTH was listed on September 17 of this year. According to the prospectus, 160 HEALTH is an experienced wholesale distributor of pharmaceutical and health products in China and a leading provider of integrated digital healthcare services. The company offers a variety of pharmaceutical and health products, 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, including over 14,400 hospitals (including 3,430 tertiary hospitals) and over 30,200 grassroots medical and health institutions. As of the same date, more than 6,800 private institutions among the cooperative healthcare institutions primarily provide consumer medical services on the company's platform, such as dental, ophthalmology, and health check-up services