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JD Health Hong Kong IPO raises $3.5 billion

JD Health Hong Kong IPO raises $3.5 billion

Several boxes of goods, bought from JD.com, are stacked on the floor. Zhang Peng | LightRocket | Getty Images GUANGZHOU, China — JD Health, the health-care unit of Chinese e-commerce giant JD.com, has raised $3.5 billion in a Hong Kong initial public offering (IPO), CNBC has confirmed. The company issued …

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Hong Kong looks to mainland China for next air travel bubble

Hong Kong looks to mainland China for next air travel bubble

SINGAPORE — Hong Kong is hopeful its next “air travel bubble” could be with mainland China, the executive director of the city’s tourism board has said. Dane Cheng told CNBC such plans would hinge on the success of the forthcoming Hong Kong-Singapore travel corridor. But he noted that adding a …

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