JD-SW Files for HK IPO for JD Industrials and JD Property Spin-off
$JD-SW(09618.HK$ announced that the Company intends to spin-off JD Industrials and JD Property by way of a separate listing of the JD Industrials and JD Property Shares on the Main Board of the Hong Kong Stock Exchange.
The Company submitted a spin-off proposal to the Exchange. The joint sponsors of both are Bank of America Securities, Goldman Sachs and Haitong International.
JD's share price rose after the announcement.
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HopelessChi : the selling in the afternoon will spin this off. long term view still remain very vague. investors still remain cautious on china data. 20300 is china wall.
101756392 : So hardcore ah hahahha. Keep posting. Probably entire assets all in