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JD Logistics Looks to Raise up to US$3.4 billion in Hong Kong IPO
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JD Logistics Looks to Raise up to US$3.4 billion in Hong Kong IPO

May 19, 2021
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JD Logistics Looks to Raise up to US$3.4 billion in Hong Kong IPO
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The distribution service will start trading on the Hong Kong Stock Exchange on May 28. (Source: JD.com)

JD Logistics, the distribution arm of Chinese e-commerce giant JD.com, is planning to raise up to HK$26.4 billion (US$3.4 billion) in its initial public offering (IPO) on the Hong Kong Stock Exchange.

The warehousing and logistics company will sell 609 …

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