Good Doctor HK offering to provide healthy returns

Investors make a beeline for shares; Ping An Health may lock in HK$300b

Ping An Healthcare and Technology Company, an online medical services platform, is expected to cover the retail tranche of its up to HK$8.8 billion ($1.1 billion) initial public offering more than 500 times over, going by initial investor response.

Market insiders said if the expectation comes to pass, Ping An Healthcare could well prove to be Hong Kong's very first blockbuster New Economy IPO this year.