ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
China tech

NetEase soars on Hong Kong debut, in upbeat sign for secondary listings

JD.com IPO finds strong demand, as Chinese companies turn to city after US threats

About 42 Chinese companies trading on U.S. stock exchanges qualify for listing in Hong Kong. UBS says that if they issue 5% of their outstanding shares on the Hong Kong Stock Exchange, it would amount to capital raising of $27 billion.   © Reuters

HONG KONG -- Chinese game developer NetEase's shares surged 5.7% on their trading debut in Hong Kong on Thursday, after raising at least $2.7 billion for its secondary listing, while online retailer JD.com priced its offering on the city's exchange at a narrow discount to its New York close.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more