Chinese healthcare firms are on an IPO frenzy

And foreign players are starting to join in.

China's third-largest private hospital group, Guangdong Kanghua Healthcare, plans to raise up to 1.2 billion Hong Kong dollars ($154 million) via a stock listing next month, looking to finance ambitious business expansion.

The group intends to float 84 million shares Nov. 8 on the Hong Kong Stock Exchange. The indicative price range stands at HK$11.60 to HK$14.50 apiece.

Read more about it here.