JD Health Shares Surge 28% in Hong Kong’s Gray Market Trading
- Shares in online health-care platform rise as high as HK$90.55
- Early gain signals investors remain keen on listings in city
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JD Health International Inc. jumped in Hong Kong’s gray market trading, a sign that the city’s biggest IPO of the year is off to a good start.
The unit of Chinese e-commerce company JD.com Inc. advanced as much as 28% to HK$90.55 on Monday on an over-the-counter retail platform operated by Phillip Securities Group. The shares saw similar gains on platforms operated by Bright Smart Securities International (H.K.) Ltd. and Futu Securities International (Hong Kong) Ltd.