HONG KONG (Reuters) – JD Logistics Inc shares are set to open up 14% from their HK$40.36 issue price as the company debuts on the Hong Kong Stock Exchange on Friday.
The JD.com subsidiary raised $3.16 billion in its initial public offering which was the second largest IPO in Hong Kong in 2021.
(Reporting by Donny Kwok and Scott Murdoch in Hong Kong; Editing by Jacqueline Wong)
