20 October, 2020
Davis Polk advised the placing agents for the primary placement of an aggregate of 80,000,000 new shares in Ping An Healthcare and Technology Company Limited. The gross proceeds from the placing amounted to approximately HK$7.856 billion.
Davis Polk also advised the underwriters on Ping An Healthcare and Technology Company Limited’s HK$8.77 billion IPO in May 2018.
Ping An Healthcare and Technology Company Limited is a pioneer in the PRC Internet health care market. As a leading Internet healthcare platform in the PRC, it delivers on-demand health care anytime and anywhere through its mobile platform and offers online medical and wellness services, including family doctor services, consumer healthcare services, health mall as well as health management and wellness interaction.
The Davis Polk team included partner Yang Chu, and associates Lillian Lian and Jessica Ng. Members of the Davis Polk team are based in the Hong Kong office.
