Ping An’s Good Doctor app to seek Hong Kong listing next year, targeting US$1 billion share sale
Good Doctor chairman Wang Tao says the online medical platform will soon broaden its services to include prescriptions
Ping An Good Doctor, the largest online health care and medical platform in China by users, plans to list on the Hong Kong stock exchange in the first half of next year, aiming to raise about US$1 billion.
If successful, the company, backed by Ping An Insurance, will join the recent wave of mainland tech and internet companies that have debuted on the city’s stock market.
Of the 10 biggest initial public offerings in the city this year, five have been by the technology and internet sectors, compared with none last year.
Ping An Good Doctor chairman Wang Tao is hoping to tap that growing interest, showcasing the platform’s 180 million registered users, according to sources familiar with the matter.
In an earlier interview with the Post, Wang says his company places No 1 among competing online medical platforms in China by users.
The company has obtained an online hospital licence this year and will soon begin to provide prescriptions in addition to medical consultations.
The first online hospital was established by 91160.com, and Yunshan Medical, according to China Daily.