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JD.com's supply-chain technology unit, Jingdong Industrials, is seeking up to $424 million in its Hong Kong IPO. The company is offering 211 million shares at HK$12.70 to HK$15.50 each and plans to use the funds to enhance its industrial supply-chain capabilities and support expansion, investments, and acquisitions. The IPO is set to list on December 11.

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