News Snapshot:
Investors mourning Ant Group Co.’s suspended mega-listing can take consolation in the otherwise rude health of Hong Kong’s initial public offerings. Three companies won approvals from the Hong Kong stock exchange on Thursday for first-time share sales that could raise a combined $6 billion, according to people familiar with the matter. Among them, JD Health International Inc. , the online health care unit of China’s No. 2 e-commerce giant JD.com Inc. , plans to start gauging investor demand for its $3 billion IPO as soon as next week after getting the greenlight, the people said. These deals will provide a...
