News Snapshot:
By Joanne Chiu JD Health International Inc., an online health-care business controlled by Chinese online retailing giant JD.com Inc., has begun taking orders for a 26.95 billion Hong Kong dollars ($3.5 billion) initial public offering in the city. The company on Wednesday kicked off book building by offering 381.9 million shares at an indicative price range of HK$62.80 to HK$70.58 each, representing 12.2% of its enlarged share capital, according to a term sheet seen by The Wall Street Journal. The stock offering will give JD Health a valuation of up to $28.5 billion ahead of a listing on Dec. 8....
