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Noah Medical Plans Hong Kong IPO Raising Over $100M

8/28/2026

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Story summary
  • Noah Medical, a U.S. firm backed by SoftBank, is preparing a Hong Kong IPO.
  • Founder Zhang Jian says the company aims to raise more than US$100 million.
  • The firm plans to sell surgical robots in top-tier and emerging mainland Chinese cities.
  • Prince of Wales Hospital in Hong Kong has bought Noah Medical equipment.
  • Ninety percent of Noah Medical's revenue comes from the United States, where its robots have treated 15,000 patients.