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JD Second Listing in HK after US
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JD Second Listing in HK after US
preview: executive summary
JD.com Inc. plans to sell up to $4.3 billion in shares.
The online retail giant, which has been compared to a cross between eBay and Amazon, made 133 million shares available to institutional investors on Friday, 5 June 2020.
It would raise $3.8 billion based on the last closing price of JD.com’s U.S.-listed shares. That number could rise to $4.3 billion if bankers execute an option to increase the allotment to meet demand.
preview: key point
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