JingDong Industrials IPO: $500M Hong Kong Debut
Update: 2025-09-29
Description
JD Industrials, a spin-off of Chinese e-commerce giant JD.com, is set to launch a $500 million IPO in Hong Kong, potentially by the end of October, after a two-year regulatory hurdle. Riding Hong Kong's IPO resurgence, with listings more than doubling year-over-year, JDi aims to capitalize on its position as China's leading industrial supply chain tech provider, boasting a nearly 19% revenue increase in the first half of the year. With backing from major banks like Bank of America and Goldman Sachs, this IPO is a key event to watch in both the investment and tech sectors.
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