Jingdong Listed In New York: China'S Largest IPO In The US

In May 22nd, around 11 U.S. Eastern time, Jingdong finally opened at a price of 21.75 dollars, or 14.47%, and its market value reached 29 billion 700 million dollars. Liu Qiangdong himself held a shareholding ratio of 18.8%, which calculated Liu Qiangdong's worth to $5 billion 580 million. According to the president of NASDAQ, Jingdong is the largest IPO of Chinese companies in the US capital market so far.

The weather in New York is still cold. It was supposed to rain, but it did not fall.

Less than 8 in the morning. JD.COM High level has entered NASDAQ On the two floor, take a group photo in front of the red background panel listed by Jingdong, as well as the twos and threes' happy exchanges. Jingdong Ying Mei Chun, vice president of the United States, was a former investment bank and came to NASDAQ many times. Today, her white dress is crisp and neat. She is happy to say that the mood to participate in the bell is certainly different.

The price range is US $16-18, and the final issue price is US $19, which is quite different from that before many listed companies have lowered the issue price. According to the media, Jingdong has received 15 times over subscription before being listed by the capital. This scenario has not been seen for a long time. The jumei.com listed last week has revealed that it has received 4 times subscription, and has already made good results.

"Lao Liu is very nice, the price is so low, if I am sure to make a high point." Ying Ying Chun said at the scene that Jingdong executives also had small gambling houses to guess the opening price, and Ying Chun Chun guessed that the closing price would be 25 dollars, which would increase by about 30%.

Around 9:30, more than 50 media and nearly more than 30 high-level groups and friends and family groups also moved to the NASDAQ studio, where everyone met Liu Qiangdong, who was busy with various group photos. Xu Xin, one of Jingdong's earliest investors, also came to congratulate the Huaxing capital pack, which has been watching from jumei.com IPO to Jingdong.

Liu Qiang is always wearing a black suit and always has a happy smile. But because of the voice of the recent roadshow, he has been hoarse and can only speak in a low voice. Yes, of course, the most important concern is milk tea MM. In many media, Liu Qiangdong quietly smiled after saying "she didn't come".

But some people said on micro-blog that the milk tea MM arrived at the scene, but no one took the picture, but it is certain that the milk tea MM was very proud of Liu Qiangdong and Jingdong. She left a comment in the circle of friends: "Proud of you."

Although milk tea MM did not arrive at the scene, there were rumors on the scene that Liu Qiangdong's first love girlfriend, Gong Xiaojing, was also said to have arrived at the scene. But Jingdong executives said they were hearsay, and MM and Gong Xiaojing were not present. A pair of elderly people at the scene also made people mistaken for Liu Qiangdong's parents. Liu Qiangdong said that because his parents were old enough to come to the United States for too much work, they did not arrive at the scene.

according to Opening price Calculation, Liu Qiangdong's worth reached more than 5 billion dollars, for such a fortune, Liu Qiangdong said that before 2003 was more difficult, but after 2003 no longer concerned about personal wealth. Before the bell struck, Liu Qiangdong briefly thanked him: "Jingdong has gone from Beijing to Nasdaq for 10 years. It is only a small success, thanks to every Jingdong and his family."

NASDAQ China's chief representative, Zheng Hua Yili and Bob Greifeld, President of NASDAQ, respectively spoke at the scene: This is the 118th company listed on Nasdaq, and so far the largest IPO of Chinese companies in the United States. According to the information shared before Liu Qiangdong, the Jingdong listed $1 billion 780 million in financing, plus the amount of Tencent subscribed for more than US $3 billion, calculated at the opening price of Jingdong $21.75, and the market value of Jingdong reached US $29 billion 700 million.

Then Liu Qiangdong rang the opening bell, and the red ribbons fell from the top of the NASDAQ hall. There were cheers and applause on the scene. Everyone shouted "Jingdong! Jingdong!" Liu Qiangdong gave Jingdong mascot JOY puppy to NASDAQ, and then entered the times square to receive a gift from NASDAQ: a golden bull specially tailored for Jingdong, which will be placed in Times Square as a souvenir.

Jingdong also waited for a long time before the final opening. As Merrill Lynch, a leading underwriter, wanted to bring more deals, Jingdong's buying and selling was very intense, and it lasted until 11 a.m. Eastern time before it finally opened for $21.75.