JD Health targets largest Chinese PE-backed IPO in two years
JD Health, a Chinese online-to-offline healthcare business that raised around $1.9 billion from private investors after it spun out from JD.com, is looking to raise HK$26.9 billion ($3.48 billion) in its Hong Kong IPO.
The company plans to sell 381.9 million shares for HK$70.58 apiece, according to a filing. Six cornerstone investors – Hillhouse Capital, Tiger Global Management, Lake Bleu Capital, China Structural...
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