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JD Logistics launches Hong Kong IPO to raise up to US$3.4 billion

HONG KONG: JD Logistics will price its shares between HK$39.36 (about US$5) and HK$43.36 each as the company aims to raise up to US$3.4 billion, according to the company's filings. The logistics offshoot of JD.com Inc will sell 609.1 million shares in the deal, which is 10 per cent of the ...

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