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11.12.25 - 19:01
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JD.com Bets on Hong Kong Office Comeback With $450 Million Investment (Caixin)
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JD.com Inc. is investing HK$3.5 billion ($450 million) for a 50% stake in a prime Hong Kong office tower, the latest move by a Chinese mainland tech giant to tap the city's commercial real estate sector as signs of a market rebound begin to emerge.
The e-commerce company is purchasing the stake in the China Construction Bank Tower — located in the Central business district — from Lai Sun Development Co. Ltd., according to a Dec. 9 exchange filing. The transaction is subject to regulatory approvals and is expected to close in January 2026.
The transaction covers nearly 11,202 square meters (about 120,600 square feet) of office space in the 27-story building, which was completed in 2012 and sits atop a subway hub. The tower has a gross floor area of 229,206 square feet and is currently leased to China Construction Bank for its local operations, including a dedicated banking hall.
Unlike Alibaba Group Holding Ltd. and Ant Group Co. Ltd., which jointly acquired space in Causeway Bay for self-use this yea...
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11.12.25 - 18:01
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JD.com′s Industrial Unit Slides in Hong Kong Trading Debut (Caixin)
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Jingdong Industrials Inc., a supply chain management spin-off from Chinese e-commerce heavyweight JD.com Inc., saw its shares falter on their Thursday trading debut in Hong Kong, reflecting broader investor caution despite strong demand and the city's recent resurgence as a leading global IPO venue.The company's shares opened at HK$13 ($1.7), below the offering price of HK$14.1. The stock fell as much as 8.1% in early trading before trimming losses to close flat at HK$14.1. The performance lagged a 0.7% rise in the benchmark Hang Seng Index, giving the company a market capitalization of HK$37.7 billion ($4.8 billion).Jingdong Industrials raised HK$2.8 billion in net proceeds from the initial public offering, which attracted strong demand from both retail and institutional investors. The retail tranche was oversubscribed by 60.5 times, while institutional investors oversubscribed by 7.9 times.Despite the robust interest, the subdued debut reflects ongoing difficulties for IPOs amid a broader valuation re...
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11.12.25 - 05:42
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JD.com′s Jingdong Industrials rides Hong Kong IPO boom with US$383 million listing (SCMP)
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Jingdong Industrials – the supply-chain arm of China's e-commerce giant JD.com – debuted on the Hong Kong stock exchange on Thursday, raising HK$2.98 billion (US$383 million) after pricing its initial public offering (IPO) in the middle of the marketed range.
Shares were offered at HK$14.10 each and oversubscribed by 60 times, in a deal seen as a test of investor appetite for Chinese supply-chain technology spin-offs in Hong Kong's resurgent listings market.
They fell by 2.6 per cent during......
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10.12.25 - 06:36
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JD.com′s US$450 billion stake in Hong Kong Central tower eases Lai Sun debt woes (SCMP)
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JD.com has agreed to acquire a stake in a major office tower in Hong Kong's Central district, mirroring a property move by its rival Alibaba Group Holding and offering a financial lift to the cash-strapped developer Lai Sun Development.
Lai Sun Development and its parent Lai Sun Garment entered into an agreement with Jasmine Investment Development IV Limited, an investment entity of JD.com, to sell its 50 per cent stake in the China Construction Bank Tower for HK$3.5 billion (US$450 million),......
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09.12.25 - 14:54
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Here Are Tuesday’s Top Wall Street Analyst Research Calls: Agilent, Alibaba, Delta Air Lines, Intel, JD.com, Micron Technology, Reddit and More (24/7 Wall St.)
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Pre-Market Stock Futures: The futures are trading flat on Tuesday after we opened the week on the downside, with all major indices finishing the day lower. With the Federal Reserve meeting this week, investors are playing a wait-and-see game before bidding stocks higher to ensure there will indeed be a 25-basis-point cut. Wall Street will ... Here Are Tuesday's Top Wall Street Analyst Research Calls: Agilent, Alibaba, Delta Air Lines, Intel, JD.com, Micron Technology, Reddit and More
The post Here Are Tuesday's Top Wall Street Analyst Research Calls: Agilent, Alibaba, Delta Air Lines, Intel, JD.com, Micron Technology, Reddit and More appeared first on 24/7 Wall St.....
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03.12.25 - 06:30
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BRIEF: JingdongIndustrials launches $420 million Hong Kong IPO (Bamboo Works)
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Jingdong Industrials Inc. (7618.HK), the industrial supply chain services arm of JD.com (9618.HK; JD.US), launched its Hong Kong IPOon Wednesday, offering 211 million shares for HK$12.70 to HK$15.50 per share. The sale could raise up to HK$3.27 billion ($420 million), with a trading debut set for Dec. 11. Jingdong Industrials provides industrial product supply and.....
The post BRIEF: JingdongIndustrials launches $420 million Hong Kong IPO appeared first on Bamboo Works....
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03.12.25 - 03:36
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China′s JD.com unit Jingdong Industrials aims for US$412 million Hong Kong IPO (SCMP)
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Jingdong Industrials, the supply-chain technology arm of JD.com, aims to raise as much as HK$3.21 billion (US$412 million) through a Hong Kong stock offering, joining a wave of Chinese mainland companies tapping into the city's buoyant capital market.
The company said it would offer 211.21 million shares priced between HK$12.70 and HK$15.50 in its primary offering, with the final offer price to be determined on December 10, according to a filing with the Hong Kong stock exchange on......
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