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JD Is Said to File for $2 Billion Hong Kong Second Listing

  • The online retailer joins Alibaba in tapping the city’s market
  • JD is expanding its operations after a surge in online demand
Hong Kong Stock Exchange As Bourse's LSE Bid Hit by Further Setback
Photographer: Paul Yeung/Bloomberg
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Chinese e-commerce giant JD.com Inc. has filed confidentially for a second listing in Hong Kong, according to people with knowledge of the matter, joining rival Alibaba in tapping the city’s stock market for funds.

The offering could raise at least $2 billion, the people said, asking not to be identified because the information is private. The Beijing-based company, which currently trades on Nasdaq, has a market value of $64 billion.