O’Melveny Worldwide

O’Melveny Represents Hospital Group BenQ BM Holding in Approximately US$80 Million Hong Kong IPO

December 22, 2025

FOR IMMEDIATE RELEASE

HONG KONG—December 22, 2025—O’Melveny represented BenQ BM Holding Cayman Corp. (“BenQ Holding”, 2581.HK) in its initial public offering and listing on the Main Board of the Hong Kong Stock Exchange. The total offering size was approximately HK$625 million (approximately US$80 million). O’Melveny acted as BenQ Holding’s Hong Kong and U.S. counsel.

BenQ Holding is the largest private for-profit general hospital group in East China by revenue as of 2024. The group currently operates two hospitals: Nanjing BenQ Hospital, which ranks as the third largest private for-profit general hospital in China by revenue, and Suzhou BenQ Hospital.

The transaction marks the firm’s second Hong Kong IPO for a medical institution this year, following Bayzed Health Group’s offering in June.

CICC and Citigroup acted as joint sponsors. Other underwriters included CTBC Bank, Futu Securities, Livermore Holdings, TradeGo Markets, UOB Kay Hian Limited, among others.

The O’Melveny team was led by corporate partners Ke Geng and Ke Zhu. The core team members included counsel Si Shen and Jerry Gao, associate Madlyn Li, senior legal manager Alfred Li, legal consultants Simon Xu, Audrey Zhan and Cecilia Chen.

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Contact:

Brandon Jacobsen
O’Melveny & Myers LLP
+1 213 430 8024
bjacobsen@omm.com

Chris Schob
O’Melveny & Myers LLP
+86 21 2307 7000
cschob@omm.com

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