Chinese ecommerce giant JD.com will this week float its delivery business JD Logistics on the Hong Kong Stock Exchange (HKEX). The public offering opened yesterday and will run until Friday 28 May, when trading begins on the Hong Kong bourse.

When did JD com go public?

Shares in large Internet businesses including Alibaba, however, have been dampened by an anti-monopoly probes in China. JD.com, which went public on the Nasdaq in 2014 and whose shareholders include Tencent (17%) and Walmart (9%), itself raised $3.9 billion in a secondary offering in Hong Kong a year ago.

What was IPO price of JD Logistics?

JD Logistics, the transport subsidiary of one of China's largest e-commerce companies, ended its first day of trading with a smaller-than-expected premium to its offered price in Hong Kong. The company's stock opened at HK$46.05, 14.1 per cent higher than its initial public offering (IPO) price of HK$40.36.