HONG KONG -- JD Logistics rose as much as 18% in its debut Friday, providing relief for a Hong Kong new listings market that had started to show signs of fatigue.
Shares of the logistics unit of Chinese e-commerce major JD.com closed at HK$41.70 after rising as high as HK$47.75 in early trade. The stock had opened at HK$ 46.05, up from an issue price of HK$40.36. Hong Kong's Hang Seng Index ended little changed.
