Big listing: Employees wearing protective masks sort parcels at a JD.com Inc delivery station in China. The company is seeking to broaden its investor base. — Bloomberg
HONG KONG: China’s No. 2 online retailer JD.com Inc is poised to raise HK$30.1bil (US$3.9bil) in its Hong Kong share sale, people familiar with the matter said, putting it on track to complete the world’s second-biggest listing this year.
The company is telling prospective investors that it plans to price 133 million new shares at around HK$226 each, according to the people, asking not to be identified as the information isn’t public.
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