
HONG KONG (Nikkei Markets) -- Ping An Healthcare & Technology, a unit of Ping An Insurance Group, has raised HK$8.77 billion ($1.12 billion) in gross proceeds from its Hong Kong initial public offering that was priced at the top end of an indicative range, according to a source.
The healthcare-app operator, also known as Ping An Good Doctor, had offered 160.09 million shares in an indicative pricing range of HK$50.80 to HK$54.80 apiece.