JD.com readies $3bn Hong Kong listing

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By Jonathan Breen
05 Jun 2020

Chinese e-commerce company JD.com will open books for its Hong Kong secondary listing on Friday after the markets close, according to two sources close to the deal.

Bank of America, Citic Securities and UBS are the sponsors. Nasdaq-listed JD.Com is expected to fetch around $3bn from the listing, GlobalCapital Asia understands.

It is coming right behind Chinese online game developer NetEase, which wrapped up its Hong Kong secondary listing on Thursday.

NetEase, which also has ...

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