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IPO

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.

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