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

JD Logistics set to raise $3.2bn with lowered IPO price

Retail orders brisk in share sale but sector sentiment shaky

The JD Logistics offering will be the second-largest IPO so far this year in Hong Kong.    © Reuters

HONG KONG -- JD Logistics is set to raise $3.16 billion from its Hong Kong IPO after pricing its shares toward the lower end of their marketed range due to investor concerns about the sector.

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