Skadden advised JD.com’s subsidiary JINGDONG Industrials Inc., a leading industrial supply chain technology and service provider in China, on its initial public offering of 211,208,800 shares and listing on the Hong Kong Stock Exchange on December 11, 2025. The total offering size is nearly HK$3 billion (approximately US$390 million), subject to the Over-allotment Option. For more information, please see the HKEX announcement here.
The Skadden team was led by partners Shu Du and Paloma Wang, with counsel Martina Toand associates Hang (Charles) Shi, Weijian You,Julia Liu and Xin Yan(Beijing). The team also included investment management partner Kevin Hardy (Chicago); and tax partner Sean Shimamoto (Houston). All lawyers are based in Hong Kong unless otherwise stated.
