JD unit 'seeks up to US$3.5b' in Asia's biggest health IPO Hong Kong


Source: chinadailyhk.com chinadailyhk.com

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JD unit 'seeks up to US$3.5b' in Asia's biggest health IPO By Bloomberg Wednesday, November 25, 2020, 10:10 By Bloomberg 366269594.jpg JD Health International Inc is looking to raise as much as US$3.5 billion in its Hong Kong initial public offering in what would be Asia’s biggest healthcare listing on record. The healthcare unit of China’s No 2 e-commerce giant JD.com Inc is selling 381.9 million shares at HK$62.8 to HK$70.58 each, according to terms of the deal obtained by Bloomberg News. The price range values JD Health at US$25.3 billion to US$28.5 billion. JD Health secured six cornerstone investors...