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Share prices for JD Health International increased by 56 percent over its original offering price at closing on December 8, 2020, the
first day of the company’s Initial Public Offering (IPO). Its share price for that day peaked at 70 percent over the IPO price of $70.58 in Hong Kong dollars (HK), equal to about $9.11 in U.S. dollars. This IPO price was already at the top end of the stock’s listing range. The stock closed on its opening day at HK$110, or US$14.19, and gained another two percent the following day.
This result marks a stellar beginning for the company many analysts consider to be China’s leading healthcare provider for online services.