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Jingdong'S Listing In Hong Kong Is Priced At HK $226 / Share Issue 133 Million Shares.

2020/6/12 10:27:00 131

JingdongJingdong Listing In HongkongJingdong Pricing

Recently, Jingdong has closed nearly 180 times as much as the Hong Kong stock market today. According to the callback mechanism, the share offering of Jingdong will be increased from 5% to 12%. Jingdong ADR is stable in the US stock market, converting HK shares to 235.22 yuan on the closing day of 10 days, and HK stock offering price at a premium of 4.1%.

Meanwhile, Jingdong's IR page documents reveal that Jingdong's listing in Hong Kong will eventually be priced at HK $226 / share, issuing 133 million shares worldwide. Without deducting the cost of underwriting and distribution, the total revenue generated by the global issuance is expected to be HK $30 billion 58 million.

It is understood that Jingdong announced in June 8th at the HKEx announcement that it has officially opened the public offering recently, and is expected to make a price in June 11th and trading at the Hongkong stock exchange at 9 o'clock a.m. in June 18th.

It is expected that a class a common stock will start trading at 9 a.m. on June 18, 2020, with 50 shares per hand, and a class a common stock code of 9618. On the first day of the Jingdong's stock offering, the amount of loans sold by brokers was close to HK $42 billion, equivalent to about 25.7 times that of the public offering.

  

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