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Taikang Insurance Acquires US$168 Million Stake in Harmonicare

Beijing - Paul Hastings LLP, a leading global law firm, announced today that it advised Taikang Insurance Group Inc. (“Taikang”) on the acquisition of a 26.44% stake in Harmonicare Medical Holdings Limited, a company listed on the Hong Kong Stock Exchange and the largest private obstetrics and gynecology specialty hospital group in the PRC.

Taikang is a leading innovative insurance and financial service group in the PRC, with three core business lines covering insurance, asset management and health and elderly care.  The acquisition is part of Taikang’s business strategy to expand in the healthcare and elderly care industries.

The Paul Hastings team was led by corporate partner Nan Li, with support from associates May Lun, Eva Gao and China associate Jora Guo.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.