JD.com saw a huge swing of 700 million shares into CCASS from outside of CCASS. This is much less ominous than it looks. It is almost certainly housekeeping.
- Today, CCASS data showed that 700,000,047 Class A Shares of JD.com Inc. (9618 HK) popped into existence in CCASS (from outside of CCASS the day before). Poof!
- They showed up in Deutsche Bank's CCASS Participant account. Just like the 600,000,000 Class A Shares which popped in on 15 December 2021.
- There's a thing here, and there are things going on in the background, but the things in the foreground are not as menacing as they appear. I explore and explain.
By Travis Lundy - https://www.smartkarma.com/profiles/travis-lundy?utm_source=tiger_community
On JD.com Inc. (9618 HK) - https://www.smartkarma.com/entities/jd-com-inc?utm_source=tiger_community
Comments
Very motivated