CPPIB backs $1.1 bln IPO of Ping An's Good Doctor: Reuters
Ping An’s Good Doctor online healthcare platform has raised US$1.12 billion in its initial public offering, pricing its shares at the top of its range in Hong Kong’s largest new listing this year, sources told Reuters. Founded in 2014, the company was among several tech startups backed by Ping An Insurance Group Co of China Ltd. Its IPO attracted more than 200 investors, a source said. The offering had seven cornerstone investors, among them Singapore’s GIC, Canada Pension Plan Investment Board and U.S.-based BlackRock.
27 April 2018•2 mins read
