Chinese online retailer JD.com has made its debut on the Nasdaq. The company raised about 1.8 billion US dollars in its IPO and shares were priced at 19 dollars per share. JD.com is the latest in a string of Chinese tech and Internet companies to go public in the U.S.

Qiangdong Liu, CEO of JD.com, raises his arms to celebrate the IPO for his company at the Nasdaq MarketSite, Thursday, May 22, 2014 in New York.

China's second largest e-commerce company JD.com has made its debut in the U-S market. The IPO is amongst the biggest this year, challenging Amazon and eBay as Wall Street's favorite online retailers.

Friedman LLP's Eddie Wong says U-S capital markets are extremely lucrative for Chinese companies.

"The US capital market I believe is a lot more mature than the Chinese capital market. The Chinese capital market is still in the very young stage. They don't have a lot of handle, how to handle the ups and downs and the investment of their market. If you look at the US population, the middle class population is huge. As compared to the Chinese middle class population. Those are the people who would have a lot of disposable income to invest into the capital market." Wong said.

JD.com is often compared to its rival Alibaba. While both companies share some similarities, the two are very different. JD.com sells its goods directly to customers and has an Amazon-like network of warehouses and delivery trucks. By contrast, Alibaba acts as a marketplace that connects vendors with customers and does not own the goods it sells.

Although JD.com's offering is smaller than Alibaba's, market participants will be closely monitoring JD.com for an indication of how just voracious investor appetite is for Chinese technology stocks. Experts say JD.com was in a race to list before Alibaba and may one day overtake the giant.

"Right now, they may be smaller than Alibaba but who knows in two to three years from now." Wong said.

JD.com is just one of many Chinese firms attracted to the higher valuations they get in the U-S market. Last year, eight Chinese companies went public in the U-S and almost all of them saw impressive returns.

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