News Snapshot:
JD Logistics seeks up to $3.4bn in Hong Kong IPO May 18, 2021 By Transport Intelligence JD Logistics, the delivery arm of e-commerce giant JD.com Inc., has announced that it is seeking to raise as much as $3.4bn in its Hong Kong initial public offering (IPO), seizing on China’s online shopping boom sparked by the coronavirus pandemic. The warehousing and shipping company is selling 609.2m shares at HK$*39.36 to HK$43.36 each, according to a statement published in the South China Morning Post. The company will start taking investor orders from Monday and is set to begin trading on May 28,...
