Retail shares jump 5.7% on Hong Kong debut, secondary listing


Several boxes of goods, bought from, are stacked on the floor.

Zhang Peng | LightRocket | Getty Images

Shares of e-commerce giant jumped 5.7% at the open on their first day of trading in Hong Kong. priced its shares for the secondary listing at 226.00 Hong Kong dollars each. They opened at 239 Hong Kong dollars. 

The Hong Kong listing marks another major Chinese firm which is already listed in the U.S., carrying out fundraising in Hong Kong. went public on the Nasdaq in 2014.

Last year, rival Alibaba carried out a secondary listing in Hong Kong, followed by gaming firm NetEase earlier this month

The listings come amid rising tensions between the U.S….


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