China regulatory scrutiny delays JD Technology's $2b Hong Kong IPO

China regulatory scrutiny delays JD Technology's $2b Hong Kong IPO

The Hong Kong Stock Exchange. Photo: VCG

JD Technology, the fintech arm of Chinese e-commerce company JD.Com, has been forced to delay an up to $2 billion Hong Kong IPO because domestic regulatory approval for the listing has not been forthcoming, said four people with knowledge of the matter.