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Chinese E-Commerce Firm JD.com Gains in Hong Kong Market Debut

By Juro Osawa
· · Source: The Information

Chinese e-commerce company JD.com’s stock rose 3.5% on its first day of trading in Hong Kong. JD.com, which has been listed on Nasdaq since 2014, raised more than $3.8 billion in its Hong Kong IPO. JD.com’s secondary listing follows similar moves by other U.S.-listed Chinese tech giants. Earlier this month, shares of Nasdaq-listed online games company Netease jumped in its Hong Kong market...

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