Market Chatter: Tencent's WeDoctor Aims for Hong Kong Listing in 2025

MT Newswires Live

Dec 03, 2024

Online healthcare platform WeDoctor is targeting a Hong Kong stock listing by June 2025, looking to raise $400 million to $500 million, South China Morning Post reported Monday, citing people with knowledge on the matter.

The attempt follows the company's failed IPO filing in 2021, disrupted by Beijing's regulatory crackdown on firms handling sensitive data such as medical information, the newspaper reported.

WeDoctor, which has the backing of tech conglomerate Tencent (HKG:0700), plans to submit its application for an IPO at the end of December, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TCEHY","symbol_name":"腾讯控股ADR","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2488168399","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488168399","pubTimestamp":1733227287,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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