27-Apr-18, Reuters
Ping An's Good Doctor online healthcare platform has raised USD1.12 bn in its IPO, in Hong Kong's largest new listing of 2018 to date.
%20Reuters.jpg "Ping Ans Good Doctor raises USD1 1 bn in Hong Kong IPO (c) Reuters")
Image: Reuters
The company - Ping An Healthcare & Technology, which operates China's largest online healthcare platform - priced 160 mn shares at the top of a HKD50.80-54.80 range.
The IPO comes as Hong Kong is set to implement new listing rules from 30-Apr-18 to attract more 'new economy' companies, mainly in the technology and biotech sectors, as part of efforts to compete with New York.