So now to know about what happ-To The Moon - Tiger Brokers Online Investing Community - To The Moon

So now to know about what happened.On March 30th, $JD.com(JD)$ announced the split of JD Industrial and JD Property Development, both of which submitted prospectuses to the Hong Kong Stock Exchange for listing. After the split, JD Group will continue to indirectly hold more than 50% equity in both companies, making them still subsidiaries of JD Group.

JD Property Development is a part of JD's infrastructure and began operating independently in 2007 when JD Group first launched its self-built logistics system strategy. Through investment development, asset management, and diversified value-added services, it provides comprehensive solutions for modern standard warehouses, integrated intelligent industrial parks, data centers, photovoltaic new energy and other infrastructure construction and operation for the entire industry.

The warehouses of $JD LOGISTICS(02618)$ Logistics are owned by JD Property Development. As of December 31st 2022，JD Property Development's modern infrastructure covers 29 provincial-level administrative regions in China as well as four countries overseas with total assets under management amounting to RMB93.7

Are Bullish on Alibaba Cloud Unit Spinoff?

Alibaba Group chairman and CEO said the cloud business, one of the company’s most important growth engines, will be listed in 12 months. ------ How will the spinoff of cloud unit and possible IPOs of Cainiao and Freshhippo affect Alibaba's share price? Will you bottom Alibaba after it fell to $85 yesterday?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

NiceOne
2023-04-02
NiceOne
Quite an extraordinary analysis, man. You're amazing!
CYKuan
2023-04-02
CYKuan
thanks for sharing
StockRookie
2023-04-01
StockRookie
Yes that’ goods
smee
2023-04-01
smee
[Anger] [Anger]
chuanyetfah
2023-04-03
chuanyetfah
[呆住]
- Hexyhex:
  Hello friends $$
小虎小虎小小虎
2023-04-03
小虎小虎小小虎
1
- Hexyhex:
  Hello friends

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