News Snapshot:
JD Logistics to raise $3.4 billion in Hong Kong IPO CGTN A JD Logistics van. /CFP A JD Logistics van. /CFP The delivery arm of e-commerce platform JD.com, JD Logistics, is seeking to raise as much as HK$26.4 billion ($3.4 billion) in its Hong Kong IPO, with the plan to sell 609.2 million shares at a maximum offer price of HK$43.36 each, according to its prospectus filed with the Hong Kong Stock Exchange (HKSE) on Monday. JD Logistics started taking investor orders on Monday and is expected to finalize the IPO price by Friday. It is set to begin trading...
