JD Health to Debut on Hong Kong Stock Exchange in $3.5B IPO


Source: bitcoinethereumnews.com bitcoinethereumnews.com

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JD Health has earmarked 381.9 million shares for the IPO which it is set to be sold for a price from HK$62.80 to HK$70.58. JD Health International Inc, the healthcare arm of Chinese retail giant JD.com, is set to make its debut on the Hong Kong Stock Exchange in what is slated to be the biggest Hong Kong Initial Public Offering (IPO) of the year. As reported by Reuters, JD Health seeks about $3.5 billion in the proposed IPO according to figures from a term sheet filed. The popularity of digital healthcare platforms rose from late 2019 to date with...