Huatai Financial Assists JD.com’s Listing on the HKEX Main Board

On June 18, 2020, JD.com, Inc. (9618.HK) was secondary listed on the Main Board of the Hong Kong Stock Exchange. The Hong Kong Public Offering had been subscribed by 179 times, making it the largest fundraising and the most popular offering by subscription and funds frozen so far in 2020.

Huatai Financial was the Joint Bookrunner and Joint Lead Manager for the deal. JD.com, Inc. issued approximately 133.0 million shares worldwide at an issue price of HK$226.00 per share, raising a total amount of HK$30.06 billion (before the exercise of the over-allotment option).

JD.com, Inc. is a leading technology driven e-commerce company transforming to become a leading supply chain-based technology and service provider. It is the largest retail company in China by total revenues in 2019, according to Fortune Global 500. It believes the scale and market leadership are built upon the competitive edge in customer experience and operational efficiency, as well as the commitment to strategically invest in technology and logistics infrastructure for the long term. Today, it is transforming to become a leading supply chain-based technology and service provider. JD.com, Inc. takes a holistic view on the supply chain covering from upstream manufacturing and procurement, logistics, distribution and retail to end customers.