JD.com, one of China’s largest e-commerce sites, looks set to price its secondary listing in Hong Kong at HK$226 a share (US$29.16), in one of the largest fundraisings so far this year in the city.Investors flocked to the share sale by the Beijing-based firm, oversubscribing to the offer by multiple times, according to a person familiar with the deal, declining to be named for speaking about a matter that is not publicised.The Hong Kong share sale is set to price at a 3.9 per cent discount to…
from South China Morning Post https://www.scmp.com/business/banking-finance/article/3088533/jdcom-set-price-hong-kong-secondary-listing-hk226-share
Thursday, June 11, 2020
JD.com set to price Hong Kong secondary listing at HK$226 a share, a slight discount to Nasdaq close, a source says
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