Adrian Cheng's made a good return so far on his investment in EC Healthcare. Photographer: Giulia ... [+] Marchi/Bloomberg © 2019 Bloomberg Finance LPAdrian Cheng, the son of Hong Kong billionaire Henry Cheng and founder of the K11 brand, has added to his stake in EC Healthcare, which operates a healthcare services network in Greater China. Cheng bought 6.4 million shares at HK$14.50, paying a total of $12 million, according to a EC announcement on Friday. EC Healthcare, whose history traces to 2005, changed its name from Union Medical Healthcare in April. See related posts:Next Generation Leadership In The Spotlight For Xintiandi, Shui On LandHong Kong Stock Index Falls To 2021 Low As China Tech Tumult Continues@rflannerychina

Source: Forbes July 10, 2021 23:37 UTC