Cortland Associates Inc. MO lowered its position in JD.com, Inc. (NASDAQ:JD) by 44.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 258,189 shares of the information services providers stock after selling 204,014 shares during the period. JD.com comprises approximately 2.1% of Cortland Associates Inc. MOs holdings, []
JD.com (JD) stock is taking a beating Thursday following news about Tencent (TCEHY) giving away its stake in the Chinese e-commerce company.

JD.com (NASDAQ:JD) Shares Gap Down to $73.75

04:44pm, Thursday, 23'rd Dec 2021 Transcript Daily
Shares of JD.com, Inc. (NASDAQ:JD) gapped down prior to trading on Thursday . The stock had previously closed at $73.75, but opened at $67.78. JD.com shares last traded at $66.95, with a volume of 419,855 shares traded. A number of research analysts have recently issued reports on the company. Zacks Investment Research raised JD.com from []

Read How Analysts Responded To Tencent''s Divestment Of Stake In JD.com

04:31pm, Thursday, 23'rd Dec 2021 Business Insider Markets
Tencent Holdings Ltd (OTC: TCEHY ) divested the majority of its stake in JD.com Inc (NASDAQ:
Belagavi (KTK), December 23 The contentious "anti-conversion Bill" was passed by the Karnataka Legislative Assembly on Thursday, amid din, with Chief Minister Basavaraj Bommai terming it as both constitutional and legal, and aimed at getting rid of the menace of religious conversion. Opposing the "Karnataka Protection of Right to Freedom of Religion Bill, 2021", tooth and nail, the Congress dubbed it "anti-people", "inhuman", "anti-constitutional", "anti-poor" and "draconian", and urged it should not be passed for any reason and that it be withdrawn by the government. JD(S) too expressed its opposition to the Bill, which was introduced in the Assembly on Tuesday. The Bill provides for protection of right to freedom of religion and prohibition of unlawful conversion from one religion to another by misrepresentation, force, undue influence, coercion, allurement or by any fraudulent means. It proposes an imprisonment from three to five years with a fine of Rs 25,000, while for violation of provisions with respect to minors, women, SC/ST, the offenders will face imprisonment from three to ten years and a fine of not less than Rs 50,000.

Tencent to Reduce Stake in JD.com to 2.3%; Shares Slide

02:36pm, Thursday, 23'rd Dec 2021 Smarter Analyst
This article was originally published on TipRanks.com Nasdaq listed JD. The post Tencent to Reduce Stake in JD.com to 2.3%; Shares Slide appeared first on Smarter Analyst .
By Laura He, CNN Business China tech giant Tencent is dramatically cutting its stake in JD.com, China''s second largest e-commerce company, as it seeks to stay

Tencent divests $16bn worth stake in Chinese e-commerce group JD.com

01:38pm, Thursday, 23'rd Dec 2021 Retail Insight Network
Chinese multinational technology conglomerate Tencent has decided to divest most of its shares in the e-commerce group JD.com. The company Read More... The post Tencent divests $16bn worth stake in Chinese e-commerce group JD.com appeared first on Verdict Retail .

Futures Ramp Above 4,700 On Growing Omicron Optimism

01:06pm, Thursday, 23'rd Dec 2021 Zero Hedge
Futures Ramp Above 4,700 On Growing Omicron Optimism If you had gone to bed on Thanksgiving after eating a little too much tryptophan and only woken up today, roughly one month later, you would have completely avoided a rollercoaster move in global markets, and much of the omicron panic, with the S&P now trading precisely where it was the night before scattered reports of Omicron in South Africa sparked a global selloff. As of 730am, e-mini S&P futures were trading at exactly 4,700, up 14 points or 0.3% - and once again less than 1% from all time highs - on rising hopes the omicron variant wont impact global growth even as officials remain cautious about its spread, after studies showed its less severe than other strains; Dow Jones futures also rose 0.3% while Nasdaq 100 futures were 0.2% higher. US Treasury yields rose, the 10Y trading at 1.475%, while the USD index traded flat. The pound rose as traders stepped up bets on a Bank of England rate hike. Soaraing European natural gas prices plunged more than 20% as this years rally attracted a flotilla of U.S. cargoes, helping offset lower flows from Russia.

Asia-Pacific markets increase; JD shares fall 7%

12:15pm, Thursday, 23'rd Dec 2021 Finance Brokerage
Asia-Pacific markets increase; JD shares fall 7% Shares in Asia-Pacific increased in Thursday trade as anxieties over the omicron variant were relieved. Hong Kong-listed shares of JD.com (Chinese e-commerce giant) fell 7.08%, while Tencent rose 4.03%. Those moves came after Tencent announced it would spread the majority of its shares in JD.com to its shareholders. [] The post Asia-Pacific markets increase; JD shares fall 7% appeared first on FinanceBrokerage .

JD.com, Inc. (NASDAQ:JD) Shares Acquired by Ausdal Financial Partners Inc.

12:08pm, Thursday, 23'rd Dec 2021 Dakota Financial News
Ausdal Financial Partners Inc. increased its position in JD.com, Inc. (NASDAQ:JD) by 7.0% in the third quarter, Holdings Channel reports. The firm owned 3,050 shares of the information services providers stock after purchasing an additional 200 shares during the quarter. Ausdal Financial Partners Inc.s holdings in JD.com were worth $220,000 as of its most recent []
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