JD Health IPO Adds to Hale and Hearty Hong Kong Market

📆 05/09/1399 06:00 ب.ظ
📰 WSJ

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Not even the derailment of the world's largest initial public offering is stopping Hong Kong from having its best year in a decade for IPOs and secondary listings

On Wednesday, the telemedicine arm of Chinese e-commerce giant JD.com Inc. kicked off a $3 billion-plus IPO in Hong Kong. The deal by JD Health International Inc.

will help lift proceeds from Hong Kong IPOs and secondary listings to a 10-year high, even after the sudden suspension of Ant Group Co.’s blockbuster listing earlier this month.

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