JD.com HKSE secondary listing

18/6/2020
IPO

HK$ 30 billion

Completed

18/6/2020


Overview:

  • JD.com—one of China's largest technology and e-commerce companies—has made an initial public offering (IPO) and secondary listing on the Hong Kong Stock Exchange (HKSE).
  • The HKSE offering raising $3.87 billion is Hong Kong's largest IPO, and the world's second largest this year.
  • This offering is the latest in a trend of technological companies secondary listings in Hong Kong following a change in the stock exchange's policies.

Adam Majeed - IFLR1000  

 

Jurisdiction:

Hong Kong SAR

Deal type:

IPO

Practice area:

Capital markets : Equity

Industry sector:

Technology and telecommunications


Firms:

Party: Bank of America (Joint sponsor)

Party: UBS (Joint sponsor)

Party: CLSA (Joint sponsor)


Party: JD.com (Issuer)

Lawyer: Julie Gao