A third JD unit listed in Hong Kong in a year.
May 31, 2021 at 03:50 AM
2 minute read
Skadden, Arps, Slate, Meagher & Flom and Cleary Gottlieb Steen & Hamilton have the lead roles on China-based JD Logistics Inc.’s $3.2 billion initial public offering on the Hong Kong Stock Exchange.
The logistics arm of Chinese ecommerce giant JD.com, the issuer raised $3.2 billion in the second largest listing Hong Kong has seen in 2021 after short video app developer Kuaishou Technology’s $5.4 billion debut in February.
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