JD Logistics IPO
JD Logistics listed on the Hong Kong Stock Exchange on Friday, May 28 with the ticker 2618.HK. The opening price was HKD 40.36, and the IPO raised an estimated HKD 24.11 billion.
Rui Yu, JDL CEO commented: “In the past 14 years, JD Logistics has taken the improvement of the customer experience as its responsibility. Through unrelenting investment in logistics infrastructure and technology, JD Logistics has launched services such as “211” (same- and next-day delivery) and 24-hour delivery in tens of thousands of counties and towns, redefining logistics service standards.”