The telemedicine arm of Chinese e-commerce giant JD.com Inc. raised $3.5 billion in Hong Kong’s largest initial public offering this year, taking proceeds from new listings in the city to a 10-year high.
JD Health International Inc., which operates China’s largest online retail pharmacy and provides other health-care services, priced its stock offering at the top end of an indicative range, after strong demand for its shares from investors.
The…
This post first appeared on wsj.com
