Advances in Economics, Management and Political Sciences

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Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 35 , 10 November 2023


Open Access | Article

The Stock Price Changes and Performance of JD after Second Listing in Hong Kong

Ziqian Yang * 1
1 Jinan University

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 35, 122-130
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Ziqian Yang. The Stock Price Changes and Performance of JD after Second Listing in Hong Kong. AEMPS (2023) Vol. 35: 122-130. DOI: 10.54254/2754-1169/35/20231739.

Abstract

In recent years, the trend of Chinese concept stocks returning to Hong Kong stocks market has been continuously strengthening due to multiple factors. This article analyzes the changes of JD's stock price after its second listing, as well as its financial performance after its second listing. According to the analysis, the changes in costs and benefits of JD after its second listing can to some extent explain the changes in its stock price after its second listing. In addition, this study investigates the macro market environment of JD after its second listing, and finds that bearish factors such as the power game between the Chinese and American governments and the Chinese government's antitrust policies for Internet industry also affect JD's stock price. Overall, this study to some extent supplements the current research gap and provides suggestions for other Chinese concept stocks planning to return to the Hong Kong stock market in the future.

Keywords

China concept stock, secondary listing, JD

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-091-2
ISBN (Online)
978-1-83558-092-9
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/35/20231739
Copyright
10 November 2023
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated