Jd.com Stock News

(RTTNews) - Supply chain-based technology and service provider JD.com, Inc. (JD) said Tencent Holdings Limited (TCTZF.PK, TCEHY.PK), that currently owns indirectly approximately 17.0% of the company''s outstanding shares, will distribute approximately 460 million class A ordinary shares of JD.com owned by Tencent to its shareholders.

Nordea Investment Management AB raised its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 49.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,173,664 shares of the information services provider’s stock after buying an additional 390,586 shares during the quarter. Nordea […]

Some of the stocks that may grab investor focus today are: Banner Corporation (NASDAQ: BANR ) reported a buyback of 1.71 million shares, which is the equivalent of around 5% of its common stock. Banner shares gained 0.6% to $58.98 in the after-hours trading session. Shares of JD.com, Inc. (NASDAQ: JD ) dropped over 8% in pre-market trading after Tencent said it will distribute the majority of its shares in JD.com, valued at HKD 127.7 billion ($16.4 billion), to its shareholders as an interim dividend, effectively diluting its stake in JD.Com from around 17% to about 2.3%. JD.com shares Full story available on Benzinga.com

Tencent said on Thursday it will distribute HK$127.69 billion ($16.37 billion) worth of its JD.com stake to shareholders, slashing its holding in China`s second-biggest e-commerce company to 2.3% from around 17% now and losing its spot as JD.com`s biggest shareholder to Walmart.

Chinese gaming and social media company Tencent will hand a $16.4bn JD.com stake as a dividend to its shareholders, weakening its ties to the e-commerce firm and raising questions about its plans for other holdings.

General trend USD trades generally firmer. Hang Seng has traded modestly higher; JD.com declines by >10% on Tencent stake sale news, Tencent rises by over 4%; Alibaba drops amid continued regulatory concerns. Shanghai Composite lagged during the morning session; Property index declined. Nikkei 225 has remained slightly higher. S&P ASX 200 also saw slight rise. China’s […] The post Generally Quiet And Higher Equity Session Seen appeared first on Action Forex .

Tencent is slashing its holding in JD.com to 2.3% from around 17% now.

Shares of Alibaba Group Holding Limited (NYSE: BABA ) and JD.Com Inc. (NASDAQ: JD ) fell in Hong Kong on Thursday, while Tencent Holdings Inc . (OTC: TCEHY ), Li Auto Inc. (NASDAQ: LI ), Xpeng Inc. (NYSE: XPEV ) and Baidu Inc. (NASDAQ: BIDU ) traded higher. Whats Moving : Shares of Chinese e-commerce firm JD.com tumbled almost 8% in Hong Kong, while tech conglomerate Tencent gained almost 5%. WeChat operator Tencent said it will distribute the majority of its shares in JD.com, valued at HKD 127.7 billion ($16.4 billion), to its shareholders as an interim dividend, effectively diluting its stake in JD.Com from around 17% to about 2.3%. Tencent President Martin Lau will step down as a director of JD.Com, effective Thursday. Chinese e-commerce giant Alibabas shares fell over 1% in Hong Kong, while shares of Baidu, Li Auto and Xpeng are higher Full story available on Benzinga.com

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SAN DIEGO, Dec. 22, 2021 (GLOBE NEWSWIRE) -- Bionano Genomics, Inc. (BNGO), pioneer of optical genome mapping (OGM) solutions on the Saphyr ® system and provider of the leading software solutions for visualization, interpretation and reporting of genomic data, today announced the appointment of Vincent Wong, JD, MBA, to its board of directors.

(Dec 23): Gaming and social media giant Tencent will distribute most of its JD.com stake worth HK$127.69 billion ($16.37 billion) to its shareholders, losing its title as the e-commerce firm''s top shareholder. Tencent said on Thursday it was the right time to transfer its stake given that JD.com has reached a stage it can self-finance its own growth. The owner of WeChat will see its stake fall to 2.3% from around 17%. JD.com, in a separate statement, said it would continue to work with Tencent, including on their strategic partnership agreement.

BEIJING, Dec. 22, 2021 (GLOBE NEWSWIRE) -- JD.com, Inc. (the Company or JD.com) (Nasdaq: JD; HKEX: 9618), a leading supply chain-based technology and service provider, today announced that Martin Chiping Lau, who has served as a member of the Board of Directors of the Company and a member of the compensation committee thereof since March 2014, has retired from the Companys Board of Directors, effective immediately.

Yibin, China''s leading spirits producers join hands to build the world''s main producing area for quality aroma liquors YIBIN, China , Dec. 22, 2021 /PRNewswire/ -- The following release is issued by China News Service Sichuan Branch: On December 17th , China International Famous Alcoholic Drinks Exposition 2021 kicked off in Yibin, a city in southwest China''s Sichuan Province . Themed "Yibin, the capital of strong spirits, captivates the world with its fragrance", the expo was hosted by China Alcoholic Drinks Association and co-organized by Yibin Municipal People''s Government and Wuliangye Group. By adopting the latest techniques and approaches in terms of international expansion, management, branding and production, the Expo has rolled out a combination online/offline model with the goal of fully realizing digital empowerment and facilitating the global industry''s embrace of technology and digitization, while jointly building a China International Famous Alcoholic Drinks Exposition for the present and future.