Published | Tiger Sniff Business Group
Author | Cuba Libre
Title map | IC photo
Chinese stocks are lining up to return to Hong Kong.
According to the report of Tencent News Potential yesterday (May 25) , JD.com will (May 28) The listing committee will review its listing materials, and the prospectus will be published on the Hong Kong Stock Exchange as soon as possible on May 31, and around June 4 Start offering. Many insiders close to JD’s listing team revealed that JD.com will not be difficult through the hearing. In addition to UBS, Merrill Lynch and other leading banks, the JD underwriting team also includes Chinese banks such as BOC International, Bank of Communications International and China Merchants Bank International.
Besides JD.com, the return list is constantly being updated. Public reports that NetEase will be listed in Hong Kong on June 11; Tencent also issued an announcement and has applied to The Stock Exchange of Hong Kong Limited for the plan to be listed within a 12-month period starting from May 25, 2020. It is a US $ 20 billion global medium-term note plan.
In the current general environment, JD.com is not a special sample. On the way home, Hong Kong is also inevitable. For those who have already experienced battles, the threshold for Hong Kong stocks Not high. However, it may ultimately be back to A shares, and how to face the subsequent war is the main thing.
Why does JD.com need a secondary listing?
When it comes to the secondary listing, the reason is generally “lack of money”, and even Ali at the beginning of the listing has no shortage of such claims. But obviously, the reason for Ali’s real secondary listing is the globalization of capital and business. During the second listing of JD.com, there were also comments saying that it has financing needs. After all, JD.com is taking its own “heavy assets” of self-operated and self-built logistics to continue to fight the second half of e-commerce, which is full of various “subsidies”.
One week ago, JD.com released its financial report for Q1 2020: In the quarter, JD.com ’s net income was 146.2 billion yuan, an increase of 20.7% year-on-year, although