JD.com mandates for Hong Kong IPO

By Jonathan Breen
18 Mar 2020

Chinese e-commerce giant JD.com has hired Bank of America and UBS to lead a secondary listing in Hong Kong, according to multiple sources familiar with the matter.

The Nasdaq-traded company could float shares on the Hong Kong exchange as early as the middle of this year, but the timeline remains uncertain, said one of the sources.

Bank of America and UBS declined to comment. JD.com said in an emailed response: “We don’t comment on market ...

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