China's JD.com makes Wall Street splash | Bangkok Post: news

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China's JD.com makes Wall Street splash

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Chinese online retailer JD.com rallied Thursday in its Wall Street debut, suggesting an appetite for its larger rival Alibaba. 

Robert Greifeld, Nasdaq CEO, speaks prior to JD.com's initial public offering (IPO) on the Nasdaq exchange on May 22, 2014 in New York City

The company, trading under the symbol JD on the Nasdaq exchange, jumped 10.5 percent to $21 from its initial public offering price of $19.

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