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JD.com Spin-Off JD Industrials Closes Flat in Hong Kong Trading Debut

Marbridge Consulting, 12/11/25

Shares of JD Industrials (7618.HK), a subsidiary of Chinese e-commerce giant JD.com (Nasdaq: JD; 9618.HK), closed flat at HKD 14.10 today in the industrial supply chain technology and services unit's spin-off listing on the Hong Kong stock exchange. Read More

Alibaba Group to Pay USD 433.5 Mln to Settle Shareholder Class Action Lawsuit

Alibaba Group, 10/27/24

Chinese e-commerce giant Alibaba Group (NYSE: BABA; 9988.HK) announced today in a filing with the Hong Kong Stock Exchange that it had agreed to pay USD 433.5 mln to settle a U.S. class-action lawsuit filed by investors alleging monopolistic practices. Read More

Autonomous Driving Startup WeRide Sets Nasdaq IPO Pricing at USD 15.50

WeRide, 10/25/24

Guangzhou-based autonomous driving start-up WeRide (Nasdaq: WRD) today announced the pricing of its initial public offering of 7,742,400 American depositary shares ("ADSs") at a price to the public of USD 15.50 per ADS. Read More

JD.com Acquires Walmart's Stake in Dada Nexus

JD.com, 9/17/24

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today in a Hong Kong stock exchange filing that, via a wholly-owned subsidiary, it has acquired Walmart's entire stake in on-demand delivery service firm Dada Nexus (Nasdaq: DADA). Read More

JD.com Announces Updates of Share Repurchase Program

JD.com, 4/18/24

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) today announced that, during the quarter ended March 31, 2024, the company repurchased a total of 87.5 mln Class A ordinary shares (equivalent of 43.8 mln ADSs) for a total of USD 1.2 bln. Read More

JD Logistics Expands Self-Operated Express Delivery Business in Hong Kong and Macau

JD.com, 10/17/23

JD Logistics (2618.HK), the logistics arm of Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK), announced today an expansion of its self-operated express delivery business in Hong Kong and Macau via JD Express. Read More

Alibaba's 'Cainiao' Logistics Arm Submits IPO Prospectus to HKSE

Marbridge Consulting, 9/26/23

Cainiao Smart Logistics Network Limited, the logistics arm of Chinese e-commerce giant Alibaba Group (NYSE: BABA; 9988.HK), submitted an IPO prospectus to the Hong Kong Stock Exchange today. Read More

China Unicom Chooses Bourse for Planned Spin-Off of IoV Subsidiary

China Unicom, 5/04/23

Telecom operator China Unicom (0762.HK; 600050.SH) has announced an update to its proposed spin-off and separate listing of China Unicom Smart Connection Technology Limited. Read More

China's MIIT Releases Preliminary 2022 Telecom Industry Statistics

MIIT, 1/19/23

Mainland China's telecom industry revenues reached RMB 1.58 trln in 2022, representing a year-on-year increase of 8.0%, according to preliminary figures released today by China's Ministry of Industry and Information Technology (MIIT). Read More

Bilibili Announces Primary Listing on HKSE

Bilibili, 10/02/22

Chinese bullet-screen video platform and video game operator Bilibili (Nasdaq: BILI; 9626.HK) announced that the company's voluntary conversion of its secondary listing status to primary listing on the Main Board of Hong Kong Stock Exchange became effective today. Read More