Foreign media: JD.com raises HK$30.1 billion through Hong Kong IPO

BEIJING, June 11 (Afp) – JD.com, China’s second-largest e-commerce company, has raised HK$30.1 billion ($3.9 billion) by issuing shares in Hong Kong, according to Bloomberg news. It is reported that the company will issue 133 million new shares at HK$226 per share. JD.com is expected to launch for a second time in Hong Kong on June 18, coinciding with the company’s biggest annual online shopping festival. A JD.com spokesman declined to comment.

Media: JD.com raises HK$30.1 billion through Hong Kong IPO

At $3.9bn, JD’s Hong Kong listing will be the second-largest listing in the world this year, after the record of $4.3bn set by the Beijing-Shanghai high-speed rail in January. Bank of America, UBS and CLSA are joint sponsors of JD’s Hong Kong listing.