www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Trendsetters

JD delivers with 10% increase on Nasdaq debut

By He Wei in Shanghai (China Daily) Updated: 2014-05-24 07:27

JD delivers with 10% increase on Nasdaq debut

A new wave of enthusiasm for Chinese companies swept Wall Street as e-commerce giant JD.com Inc made its Nasdaq debut on Thursday.

Shares of the Chinese online retailer closed at $20.90 on the first day, 10 percent higher than the offering price, igniting hopes that tech stocks, along with China concept shares, are on the mend.

The company's initial pricing topped the expected range of $16 to $18 per share.

JD delivers with 10% increase on Nasdaq debut
JD delivers with 10% increase on Nasdaq debut 
The $25.7 billion valuation made JD.com, whose business is largely limited to China, the largest tech offering ever in the United States.

The lack of profitability of JD.com didn't seem to deter investors, said Hong Bo, founder of IT portal IT5G.

Earlier this week, JD.com reported a first-quarter net loss of 3.795 billion yuan ($608.4 million), in contrast to a year-earlier profit of 13 million yuan. Some analysts speculated that figure would affect its IPO performance.

Investors shrugged off the news, giving more weight to growth potential than short-term financial performance, Hong said.

The retailer's business model resembles that of Amazon.com Inc, which has proven to be successful and sustainable in the United States market, said Lin Wenbin, analyst at research firm Analysys International.

"Tantalizing" sales prospects helped JD double its valuation from the goal set in its prospectus last December, said Wang Liyang, a veteran technology commentator.

"Partnering with Internet giant Tencent Holdings Ltd" helped inspire investors to imagine a bright future for the company, Wang said.

JD's inflated capitalization may boost the valuation of rival Alibaba Group Holding Ltd, which filed for an IPO in March. Alibaba's market value is projected to top $150 billion.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 在线观看人成午夜影片 | 综合爱爱网 | 亚洲欧美视频在线播放 | 久久国产精品久久久久久久久久 | 国产做a爰片久久毛片 | av成人天堂| 欧美一级级毛片 | 欧美日韩国产一区二区三区在线观看 | 色拍拍噜噜噜aⅴ在线观看 色青青草原桃花久久综合 色婷婷91 | 成熟的女性强烈交性视频 | 日韩a级 | 99精品免费在线 | 亚洲欧美久久精品一区 | 亚洲欧美视频一区二区三区 | 欧美性色高清生活片 | 全部免费国产潢色一级 | 4四虎44虎www在线影院麻豆 | 日本毛片在线 | 成人久久18免费游戏网站 | 欧美三级一区 | 点击进入不卡毛片免费观看 | 京野结衣免费一区二区 | 亚洲自偷自拍另类12p | 黄色三级理沦片 | 玖草在线 | 国产情侣久久精品 | 欧美精选欧美极品 | 国产精品二区页在线播放 | 中文字幕国产专区 | 日本美女黄色一级片 | 日韩一区二区视频在线观看 | 亚洲三级黄色 | 午夜影院亚洲 | 欧美成人免费高清视频 | 色屁屁一区二区三区视频国产 | 精品中文字幕久久久久久 | 免费国产高清精品一区在线 | 正在播放的国产a一片 | 亚洲人成亚洲人成在线观看 | 久草视频大全 | 另类视频在线观看 |