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We Doctor Faces Data Queries From HKEX Ahead of Hong Kong IPO

  • Hong Kong exchange operator seeks assurance on data governance
  • Tencent-backed e-health firm aims to list as soon as September
Updated on

We Doctor Holdings Ltd. is fielding queries about its data governance from Hong Kong Exchanges and Clearing Ltd. as the Chinese health-care startup pursues an initial public offering in the city, according to people familiar with the matter.

The bourse operator is asking for assurances from the Tencent Holdings Ltd.-backed company that its data handling practices comply with China’s rules, the people said, asking not to be identified as the information isn’t public. The company has been in talks with China’s cybersecurity watchdog about its data and is working to provide a written record of the discussion to prove it is in compliance with the rules, the people said.