JD Health Plans $1 Billion H.K. IPO Filing This Month
- BofA, Haitong International, UBS tapped for unit listing
- Health care IPOs have boomed this year amid surging stocks
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JD Health has selected banks for its planned Hong Kong initial public offering, which it could file for as soon as this month, according to people familiar with the matter.
The online health care unit of China’s No. 2 e-commerce giant JD.com Inc. has picked Bank of America Corp., Haitong International Securities Group Ltd. and UBS Group AG to work on the listing, the people said. JD Health aims to raise at least $1 billion from the share sale, the people said, asking not to be identified as the matter is private.