JD Logistics launches Hong Kong IPO to raise up to $3.4b

JD Logistics launches Hong Kong IPO to raise up to $3.4b

REUTERS/Aly Song

JD Logistics will price its shares between $HK39.36 and $HK43.36 each as the company aims to raise up to $3.4 billion, according to the company’s filings, in one of Hong Kong’s largest share sales in 2021.