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Health Care

JD Health IPO helps cure Hong Kong market blues after Ant

City's new listings haul for this year set to be highest since 2010

HONG KONG -- JD.com, China's second-largest e-commerce group, is set to raise $3.5 billion for its health care unit in what would be the largest initial public offering so far this year in Hong Kong.

The offering by JD Health International, which is expected to price on Dec. 1, could help propel Hong Kong to its biggest year for new listings since 2010.

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