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<IPO>JingDong Industrials Passes Listing Hearing, Said to Raise Max. USD600M
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JingDong Industrials, a subsidiary of JD-SW (09618.HK), has passed the hearing for its main board listing application on the Hong Kong Stock Exchange. It is expected that the company will commence its IPO soon, with Bank of America Securities, Goldman Sachs, Haitong International, and UBS serving as joint sponsors. Earlier foreign media reports said JingDong Industrials had already conducted an IPO pre-roadshow in Hong Kong this month, and it aimed to list in December with a fundraising target of around USD500-600 million. AAStocks Financial News |
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