Hong Kong-based medical technology platform WeDoctor is expected to conduct an initial public offering in Hong Kong in early 2021, sources close to the deal said. The full details of the offering have not been released, but the company could file a prospectus in February.
What we know about the WeDoctor IPO
Ahead of its proposed IPO, which will reportedly be led by Citigroup, WeDoctor is raising $350 million in a funding round.
How to buy shares in WeDoctor when it goes public
Once WeDoctor goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
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It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like WeDoctor can be useful in determining how the market is performing and whether now is a good time to invest in this industry.
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Dawn Daniels is a publisher with Finder, based out of Oregon. Her background includes editing more than 40 published books, including books on personal finance and meditation. In her spare time, Dawn enjoys hiking ridiculous distances and collapsing in exhaustion.
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