Share your subscription form in JD Logistics IPO!
According to Futu News on May 18, China’s leading integrated supply chain logistics service provider$JD.com Logistics (02618.HK)$is currently in the midst of a popular subscription period. According to Futu Securities data, as of 16:00 on May 18, the margin financing subscription for JD.com Logistics reached HKD 127.044 billion, with a margin multiple of 160.33x.
To help our fellow investors participate in the JD.com Logistics IPO subscription, New Stock Master has secured a non-threshold 20x leverage quota for all, officially released today at 5 PM, amplifying your subscription principal and effectively increasing the chances of winning an allocation. The response has been overwhelming, so allocations will be on a first-come-first-served basis!

According to previous announcements, JD.com Logistics will conduct its roadshow from May 17th to 21st. The company plans to issue 609 million shares, including 18.275 million shares for public offering and approximately 591 million shares for international placement. The offering price per share is between HKD 39.36 and HKD 43.36. Each lot consists of 100 shares with a minimum subscription amount of HKD 4,379.7. It is expected to officially list on May 28th.
It is reported that JD.com Logistics is China's leading technology-driven supply chain solutions and logistics service provider. According to the CIC Report, the company ranked first among integrated supply chain logistics service providers in China based on 2020 revenue.
The company provides comprehensive supply chain solutions covering various business areas empowered by technology, along with high-quality logistics services, ranging from warehousing to delivery, from manufacturing end to end customers, encompassing both general and special items. In 2020, the company served over 190,000 enterprise clients, covering industries such as fast-moving consumer goods, apparel, home appliances, furniture, 3C, automotive, and fresh produce. The company, initially established as an internal logistics division of $JD.com-SW(09618.HK)$ in 2007, has continuously accumulated and built its own logistics infrastructure, technology, as well as operational and industry expertise over more than a decade.
In terms of financial performance, the company’s total revenue increased by 31.6% from RMB 37.9 billion in 2018 to RMB 49.8 billion in 2019, and further increased by 47.2% to RMB 73.4 billion in 2020, with a compound annual growth rate of 24.65% from 2018 to 2020; during 2018-2020, the company incurred losses of approximately RMB 2.8 billion, RMB 2.2 billion, and RMB 4 billion respectively.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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