Author: Wei Rui

Source: GPLP

On the morning of March 16, Hong Kong media reported that Jd.com (JD. NASDAQ) has talked with investment Banks such as UBS and Bank of America about a secondary listing in Hong Kong.

In 2019, Alibaba (09988.HK) returned to the Hong Kong stock exchange for a secondary listing, the stock performance is great, many Chinese companies are eager to try.

Jd.com is the second largest e-commerce company in China and the second largest Chinese company in the us market. As of March 13, jd.com latest closing price was $39.71 per share, giving it a total market value of $58.06 billion (450.569 billion HKD).

Relevant industry personage expresses, relative to the new company that goes to Hong Kong to list, especially Chinese concept company returns to Hong Kong to list, their financial data is relatively complete, the time that needs consequently will be shorter. But given the current public health events, the timing is not optimal.