JD Logistics raises $ 3.16 billion in Hong Kong IPOs - Reuters

May 20, 2021 JD Logistics Inc has announced that it will buy shares at the lower end of its mark range at HK $ 40.36 ($ 5.20) to raise $ 3.16 billion in an initial public offering in Hong Kong (IPO), two people said with direct knowledge of the matter. The people refused to be identified as the information has not yet been released. JD Logistics, spun off from e-commerce major JD.com Inc (9618.HK), did not immediately respond to a request for comment. It had set a price range of HKD 39.36 to HKD 43.36 per share that would have…