Chinese e-commerce company JD.com has filed an application to list its shares in Hong Kong targeting at least US$2 billion, according to a report. Bloomberg News reports that JD's stock sale is likely in the second half of the year. JD.com raised US$1.78 billion when it listed on the Nasdaq in New York in2014 and now has a market capitalization of US$64 billion. The group did not respond to a request for comment on Bloomberg's report, AFP reported.

Source: The Standard April 29, 2020 04:30 UTC