JD Health files for $3bn Hong Kong listing

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By Jonathan Breen
28 Sep 2020

JD Health International, the healthcare unit of Chinese e-commerce company JD.com, has submitted an IPO application to Hong Kong’s stock exchange.

The subsidiary is being spun-off and listed by JD.com in an IPO that could raise around $3bn, according to a source close to the deal. The company is expected to float on the HKEX by the end of the year.

Bank of America, Haitong International and UBS ...

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