SoftBank leads $1b funding in Ping An healthcare unit ahead of Hong Kong IPO

SoftBank leads $1b funding in Ping An healthcare unit ahead of Hong Kong IPO

Source: Reuters

China’s Ping An Insurance Group has raised nearly $1 billion for a medical data collection and analysis business ahead of a Hong Kong IPO, two people familiar with the matter said, in what would be the second healthcare unit it plans to bring to market.

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