Beijing-Based Health-Tech Unicorn Yuanxin Tech Files for HKIPO at $2.7B Valuation

Yuanxin Tech has filed for a Hong Kong IPO again, its sixth attempt after five earlier applications lapsed.

The Beijing health-tech unicorn is valued at about 19.5 billion yuan, or roughly $2.7 billion.

It reports more than 10 billion yuan in annual revenue, driven by its online doctor platform and pharmacy network.

The repeated filing underscores ongoing investor interest in a major Chinese health-tech platform and continued appetite for Hong Kong listings.