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.
The dual developments could encourage a string of other U.S.-listed mainland companies to line up for secondary offerings on the Hong Kong Stock Exchange amid threats from Washington of being pushed out of American exchanges.
