JD Health IPO has “phenomenal” first day of bookbuilding

Jonathan Breen

November 26, 2020 09:45 AM

JD Health International launched 2020’s largest healthcare listing this week, hitting the road to raise up to HK$27bn ($3.5bn) in a Hong Kong IPO. The issuer blends healthcare and technology, two of the hottest sectors in the IPO market this year. It covered the deal multiple times on the first day. Jonathan Breen reports.

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CITIC Securities Equity IPOs Health and Biotech UBS Equity China Merchants Bank Co China Jefferies LLC Hong Kong SAR ICBC Asia Greater China Bank of Communications Haitong Securities Northeast Asia Guotai Junan Securities Co Asia Pacific SRI DBS Bank of America Mizuho Emerging Markets Goldman Sachs

JB

Jonathan Breen

Equities editor GlobalCapital Asia