Chinese Health Care Company Still Growing Strong

Chinese stock markets may be tumbling, but the country’s largest preventive healthcare services company, iKang Healthcare Group (NASDAQ: KANG), is growing strong. Last week it announced its sixth acquisition of the year, this time for three medical centers in three major cities in Shandong province. The targets were three franchises of a rival private preventive services provider, Ciming Checkup Group. iKang was happy to boast this is its third acquisition this year of former Ciming franchises. Financial terms were not disclosed for any of the transactions. Read More »