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JD Industrials Aims for $412m Hong Kong IPO Amid Mainland Chinese Listings Boom
ByAinvest
Wednesday, Dec 3, 2025 4:34 am ET1min read
JD Industrials, the supply-chain technology arm of JD.com, aims to raise up to $412 million through a Hong Kong IPO. The company will offer 211.21 million shares, with 10% allocated to the public and the remainder reserved for institutional investors. The IPO comes as investors flock to Hong Kong's exchange, drawn by favourable valuations.
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