About: http://data.cimple.eu/news-article/1d073af9e411993c4841ffb3d3e48fab79c5422596d3aa03a16b0b9c

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About: http://data.cimple.eu/news-article/1d073af9e411993c4841ffb3d3e48fab79c5422596d3aa03a16b0b9c Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	China's second largest e-commerce company JD.com on Friday filed to list its shares in Hong Kong in a major win for the financial hub despite swirling fears over Beijing's plan to impose a national security law on the city. The listing comes a day after fellow Chinese tech giant NetEase announced plans to raise $2.7 billion in an IPO in the semi-autonomous city. Bloomberg News previously reported that JD.com hopes to raise $2 billion from its Hong Kong share sale. JD.com raised $1.78 billion when it listed on the Nasdaq in New York in 2014 and now has a market capitalisation of $64 billion. The dual listing would help the company better compete with e-commerce rivals including Amazon and Chinese titan Alibaba, which raised a whopping $12.9 billion in secondary Hong Kong IPO last year. The move comes as Chinese companies look for footholds closer to home given the spiralling trade tensions between Washington and Beijing. But Hong Kong is also finding itself buffeted by political unrest. The usually stable business hub was upended last year by seven straight months of huge and often violent pro-democracy protests. Last month Beijing announced plans to impose a sweeping national security law on the city in response to the protests, a move that has sparked alarm among many western nations. Beijing says an anti-subversion law is needed to tackle "terrorism" and "separatism" and will return business-friendly stability to the finance hub. Opponents fear it will bring mainland style political oppression to a business hub supposedly guaranteed freedoms and autonomy for 50 years after its 1997 handover to China by Britain. -- Bloomberg News contributed to this story -- jta/dan
schema:headline	E-commere giant JD files for second Hong Kong listing
schema:mentions	NASDAQ Alibaba Group Washington Huskies football Market capitalization E-commerce Initial public offering Bloomberg L.P. USA Gymnastics Impose (magazine) Terrorism Amazon rainforest Hong Kong City New York City China NetEase JD.com Separatism Handover of Hong Kong Cleveland Browns relocation controversy Spiralling Jewish Telegraphic Agency Government of China
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-06-05 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	63 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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