JD.Com Raises USD3.8 Billion via Hong Kong Share Sale
Xu Wei
DATE:  Jun 17 2020
/ SOURCE:  Yicai
JD.Com Raises USD3.8 Billion via Hong Kong Share Sale JD.Com Raises USD3.8 Billion via Hong Kong Share Sale

(Yicai Global) June 17 -- JD.Com has raised HKD29.8 billion (USD3.8 billion) via its secondary listing in Hong Kong, according to the e-commerce giant.

The figure could rise by HKD4.5 billion (USD580.6 million) if the Nasdaq-listed company exercises its greenshoe option, the Beijing-based firm said in a statement today. The 1.2 billion shares, priced at HKD226 (USD29.20) apiece, were oversubscribed by about 179 times.

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Keywords:   JD.com