JD Logistics to raise $4.2b in Hong Kong IPO: Sources


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Home » JD Logistics to raise $4.2b in Hong Kong IPO: Sources JD Logistics to raise $4.2b in Hong Kong IPO: Sources May 21, 2021 HONG KONG (REUTERS) – JD Logistics has indicated it will price shares at HK$40.36 (S$6.92), towards the lower end of its flagged range, to raise US$3.16 billion (S$4.21 billion) in a Hong Kong initial public offering (IPO), two people with direct knowledge of the matter said. The people declined to be identified as the information has not yet been made public. JD Logistics, spun off from e-commerce major JD.com, did not immediately reply to a...