Key takeaways:1、Dingdang Health has passed a listing hearing in its second try at a Hong Kong IPO, aiming to raise $100 million2、The company has shifted from its original asset-light to a more asset-intensive model to make good on its promise of faster deliveriesHong Kong is finally opening the door for digital retail pharmacy Dingdang Health Technology Group Ltd., approving the company’s IPO at a listing hearing after rejecting its first attempt last year. But investors may be less welcoming of the company, whose Chinese name sounds like a doorbell ringing to emphasize the speedy deliveries that are also driving up its costs.Following its failed application last year,DingdangHealthfiled for an IPO again in March and passed its listing hearings in the middle of this month. It has enlisted CICC and CMB International Capital Corp. as the deal’s co-sponsors with the aim of getting listed by September. But the company is apparently tempering its expectations with a relatively mode
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