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.
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
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