News Snapshot:
By P.R. Venkat The healthcare arm of JD.com Inc. has filed an application for an initial public offering in Hong Kong, a little more than three months after JD.com raised US$3.8 billion through a listing in the city. BofA Securities and UBS are among the banks acting as the joint sponsor for JD Health International Inc.'s IPO, according to an application filed by the company to the Hong Kong Stock Exchange late Sunday. JD Health didn't disclose the size of the offering nor the timing of the IPO launch. Hong Kong's IPO market has been active in recent months, drawing...
