Yidu Tech, which offers AI software to the health care industry, saw its shares jump 148% in its Hong Kong debut on Friday after raising ~$531M in its IPO (Chloe Lo/Bloomberg)

Chloe Lo / Bloomberg:
Yidu Tech, which offers AI software to the health care industry, saw its shares jump 148% in its Hong Kong debut on Friday after raising ~$531M in its IPO  —  - Health-care tech firm raised $531 million in Hong Kong IPO  — Yidu Tech's IPO was very heavily oversubscribed by investors