
HONG KONG -- The operator of Chinese online medical service Ping An Good Doctor looks set to raise about 8.8 billion Hong Kong dollars ($1.12 billion) when it lists Friday on the stock exchange here, highlighting the increasing popularity of digital health care offerings in the country.
Average wait times of three hours to see a doctor in China have fueled the growth of online alternatives, attracting the attention of tech heavyweights like Tencent Holdings and Alibaba Group Holding.