Market Chatter: JD.com Unit JingDong Industrials Preparing for $500 Million Hong Kong IPO

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JD.com (HKG:9618) unit JingDong Industrials is planning to raise $500 million via a public offering in Hong Kong that could arrive as soon as the end of October, Reuters reported Monday.

The unit is preparing for an IPO after securing Chinese regulatory approval for the listing, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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