Ping An Healthcare files for Hong Kong IPO

Ping An Healthcare and Technology Co. Ltd. (Shanghai, China) raised $400 million in a pre-IPO financing from SoftBank Vision Fund before proposing on Jan. 29 to go public on the Hong Kong stock exchange. The filing did not disclose financial terms of the IPO. Citigroup and J.P. Morgan are underwriters.

The company, also called Ping An Good Doctor, uses its mobile platform to offer online medical and wellness services, including family doctor services, consumer healthcare services and health management...