JD.com gains in Hong Kong debut, more US-listed Chinese firms consider Hong Kong listings
JD.com gains in Hong Kong debut, more US-listed Chinese firms consider Hong Kong listings

JD.com gains in Hong Kong debut, more US-listed Chinese firms consider Hong Kong listings

 

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China's second-largest online retailer JD.com marked its trading debut in Hong Kong with a 3.5 per cent gain on Thursday, as its canine mascot gave the company a virtual send-off by striking a digital version of the ceremonial gong.

Shares of the company, which were overbought by retail investors by 179 times, rose as much as 5.8 per cent in early trading, before settling the day at HK$234 each, a 3.5 per cent premium to its initial public offering (IPO) price.

The company raised HK$29.8 . . .

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