JD Logistics rises on inclusion in Hang Seng Composite Index

Tiger Newspress2021-06-01

Shares of JD Logistics Inc rise as much as 5.7% to HK$43.9, the ninth most actively traded by turnover.Hang Seng Indexes Company says JD Logistics meets the Fast Entry Rule of various indexes and will be added to Hang Seng Composite Index and sub-indexes effective June 11 JD Logistics, spun off from e-commerce major JD.Com Inc began trading on May 28

It raised $3.16 bln in its IPO, the second-largest in Hong Kong so far in 2021

Shares of JD.Com climb 2.7% to HK$299, the highest since May 7

The Hong Kong Hang Seng sub-index tracking information technology firms rises 2%, and the Hang Seng Tech Index climbs 1.3%

The Hang Seng China enterprises index eases 0.1%, while the benchmark index edges up 0.1%

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