Hong Kong is having a standout year for stock listings, despite political turmoil and the derailment of the world’s largest initial public offering.
On Wednesday, the telemedicine arm of Chinese e-commerce giant JD.com Inc. kicked off a $3 billion-plus IPO in Hong Kong. The deal by JD Health International Inc. will help lift proceeds from Hong Kong IPOs and secondary listings to a 10-year high, even after the sudden suspension of Ant Group Co.’s blockbuster listing earlier this month.
The…
This post first appeared on wsj.com
