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JD Logistics launches Hong Kong IPO to boost as much as $3.4 billion: filings By Reuters 



© Reuters. FILE PHOTO: A employees member sporting a face masks works at JD.com’s automated logistics middle throughout a authorities organized tour on China’s Singles Day procuring competition in Beijing, China November 11, 2020. REUTERS/Thomas Peter/File Picture

(Reuters) – JD (NASDAQ:) Logistics will value its shares between $HK39.36 and $HK43.36 every as the corporate goals to boost as much as $3.4 billion, in keeping with the corporate’s filings.

The logistics enterprise, the offshoot of JD.com Inc will promote 609.1 million shares within the deal which is 10% of the corporate’s whole shares, the filings mentioned.

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