China's JD.com to spin off industrial, property units in $1 bn Hong Kong floats

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JD.com (JD) to spin off property and industrials units

March 30, 2023 11:21 AM EDT

Chinese e-commerce firm JD.com (NASDAQ: JD) will spin off JD Industrials and JD Property and list them on the Hong Kong Stock Exchange, the company announced Thursday.

JD Industrials is the company's supply chain-based technology and service provider unit. JD Property is its... More