US technology funds have flocked to invest in an ecommerce group that will be the largest-ever US initial public offering by a Chinese company, write Josh Noble and Nicole Bullock.
The Alibaba Group rival, JD.com, is looking to raise as much as $1.7bn on Nasdaq, in a listing that could give the company a market capitalisation of up to $24bn.
The online retailer, which began its global investor roadshow yesterday, attracted enough orders from US-based specialist tech funds alone to cover the books by 7am in Hong Kong, according to people familiar with the process.
您已阅读25%（567字），剩余75%（1662字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。