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2021-12-24

Waiting to get my JD stock

JD Stock: The Tencent News That Has Chinese Tech JD.com Tumbling Today

JD.com stock is taking a beating on Thursday following news about Tencent giving away its stake in the Chinese e-commerce company.At least, Tencent will give away most of its stake in the company. It announced a special one-time dividend that will have it distributing shares of JD stock to its shareholders. That will have to reduce its ownership of the company’s stock by 457 million. That will drop its stake from 17% to 2.3%.According to Tencent, it’s reducing its stake in JD.com because the com

JD Stock: The Tencent News That Has Chinese Tech JD.com Tumbling Today

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·2021-12-24
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JD Stock: The Tencent News That Has Chinese Tech JD.com Tumbling Today

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