News Snapshot:
JD Logistics launches Hong Kong IPO to raise up to $3.4 billion JD Logistics will price its shares between $HK39.36 and $HK43.36 each as the company aims to raise up to $3.4 billion, according to the company's filings. Reuters The logistics offshoot of JD.com Inc will sell 609.1 million shares in the deal which is 10% of the company's total shares, the filings said.An over-allotment option, or so-called greenshoe, exists to sell a further 91 million shares that would raise up to a further $510 million. At that size, JD Logistics will be one of the largest listings in Hong...
