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JD.com shares jump 5.7% on Hong Kong debut, secondary listing

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

Zhang Peng | LightRocket | Getty Images

Shares of e-commerce giant JD.com jumped 5.7% at the open on their first day of trading in Hong Kong.

JD.com 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. JD.com went public on the Nasdaq in 2014.

Last year, JD.com 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….



Source cnbc.com

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