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JD shares dropped more than 9% in premarket trading.

Tiger Newspress2021-12-23

JD shares dropped more than 9% in premarket trading.

Tencent Holdings Ltd.plans to distribute more than $16 billion ofJD.com Inc.shares as a one-time dividend, representing a near-retreat from the Chinese e-commerce firm that is stoking concerns it will pull away from other marquee investments.

Tencent plans to give out 457.3 million Class A shares in JD.com, representing about 86.4% of its total stake and nearly 15% of the online retailer’s total issued shares, according to a filing to the Hong Kong stock exchange. At Wednesday’s close, the shares in the proposed distribution were worth HK$127.7 billion ($16.4 billion). Tencent, which controls about 17% of JD.com, will hold roughly 2.3% of the e-commerce company’s shares after the handout, JD.com said in a separate statement.

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评论15

  • LohYK
    ·2021-12-24
    Without the backing of tencent, this definitely erode confidence of the investors
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    • LohYK
      same to u.
      2021-12-25
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    • RYukyo
      Merry Christmas!
      2021-12-24
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  • Chloe26
    ·2021-12-23
    Ok
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  • JunHaoT
    ·2021-12-23
    Too much regulation in China
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  • koolgal
    ·2021-12-23
    Tencent is virtually cutting loose its ownership of JD by giving a massive amount of JD shares to Tencent investors!  This means that JD has gained autonomy but its investors do not like the new development, hence the shares sellout.  However JD has a good management team that will be able to power JD to a great future! This is just a temporary setback for JD. Go JD! 🚀🚀🚀🌙🌙🌙
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    • koolgal回复Kel9670ong
      Yes I am.
      2021-12-27
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    • Kel9670ong回复koolgal
      Are you in china stock?
      2021-12-26
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    • koolgal
      JD is now free to seek its own path and the future is exciting indeed for JD!
      2021-12-26
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    查看更多 2 条评论
  • Tendollar
    ·2021-12-23
    Don see any lights at least in H1 2022.
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  • deathcure
    ·2021-12-23
    Can JD.id compete with Alibaba? i don't think so
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  • stephh
    ·2021-12-23
    Like
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  • ivy888
    ·2021-12-23
    Like 
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    • blingyan
      ooh
      2021-12-23
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    • jeff123
      there u go
      2021-12-23
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  • JimmyChua
    ·2021-12-23
    Hmmm
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    • ivy888
      ok
      2021-12-23
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  • Robinchua
    ·2021-12-23
    Means that the retailers will be holding more of the stocks. It is not dilution of stocks and there is no change in fundamentals .
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    • spin37gy
      Ok
      2021-12-29
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    • spin37gy
      Ok
      2021-12-23
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  • wywy
    ·2021-12-23
    really don't what these Chinese companies or gov is planning to do
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    • JunHaoT
      Yeahh
      2021-12-23
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    • wywy
      it should be for the good..but hard to understand [smile]
      2021-12-23
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  • Poopthego
    ·2021-12-23
    Jialat lo
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    • jc0110
      ok
      2021-12-23
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  • Da2020
    ·2021-12-23
    K
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    • Da2020
      k
      2021-12-23
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  • Sysy
    ·2021-12-23
    Like
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  • Robinchua
    ·2021-12-23
    Buy the dip.
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    • Robinchua
      yeah
      2021-12-25
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    • Robinchua
      thank you
      2021-12-23
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    • Sysy
      ok
      2021-12-23
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