JingDong Industrials aims to raise $500 million in Hong Kong IPO, sources say

China's tech giants lobby for offshore yuan stablecoin, sources say

JingDong Industrials, a unit of Chinese online retailer JD.com , is seeking to raise $500 million with a Hong Kong initial public offering (IPO) as soon as the end of October, two sources with direct knowledge said, after the firm cleared a key regulatory hurdle.

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