Tencent ADR rose more than 4% in early trading

Tiger Newspress2021-12-23

Tencent ADR rose more than 4% in early trading.Tencent said on Thursday it will transfer 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(WMT.N).

The owner of WeChat, which first invested in JD.com in 2014, said it was the right time for the divestment, given the e-commerce firm had reached a stage where it can self-finance its growth.

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haircut
·2021-12-25
Waiting to buy both stocks
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- Kenwong:
  👍
  2021-12-26
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Kazren
·2021-12-25
Ok
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1
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Doge2theMoon
·2021-12-24
👍
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3
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Clow
·2021-12-24
👏
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robot1234
·2021-12-24
Reward to all loyal shareholders. Well done, Tencent!
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5
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tkj
·2021-12-24
Poor JD.COM..... big brother don't want you already..... your shares dropped
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TSY123
·2021-12-24
Like
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1
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Ooi
·2021-12-24
Let ook
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FatKid
·2021-12-24
K
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r39
·2021-12-24
[Happy]
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PearlynCSY
·2021-12-24
Solid reward by Top Mgt to shareholders. Tencent said on Thursday it will transfer 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.
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- PearlynCSY:
  Tks for sharing
  2021-12-25
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- PearlynCSY:
  Tks for sharing
  2021-12-25
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- PearlynCSY:
  Tks for sharing
  2021-12-25
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ASMH
·2021-12-24
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LifeLearner
·2021-12-24
good news
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EHG
·2021-12-24
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claratan
·2021-12-24
Wow
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AlphBeta
·2021-12-24
👍
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PiggyBubbles
·2021-12-24
Hi
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- PiggyBubbles:
  Hi
  2021-12-24
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- ed62:
  hi ho
  2021-12-24
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PiggyBubbles
·2021-12-24
Hi
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Limhockmeng
·2021-12-24
Wow
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- Michelle Ong:
  Like back thanks
  2021-12-28
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- Nellywong:
  K
  2021-12-24
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haircut
·2021-12-24
Christmas gift
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to all loyal shareholders. Well done, Tencent!","listText":"Reward to all loyal shareholders. Well done, Tencent!","text":"Reward to all loyal shareholders. Well done, Tencent!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/698333171","repostId":1177863167,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":698397521,"gmtCreate":1640302157487,"gmtModify":1676532439820,"author":{"id":"3582020830270271","authorId":"3582020830270271","name":"tkj","avatar":"https://static.tigerbbs.com/b4db3635974ce189ed8129eca6b5b618","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3582020830270271","authorIdStr":"3582020830270271"},"htmlText":"Poor JD.COM..... big brother don't want you already..... your shares dropped","listText":"Poor JD.COM..... big brother don't want you already..... your shares dropped","text":"Poor JD.COM..... big brother don't want you already..... your shares dropped","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/698397521","repostId":1177863167,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":9000795726,"gmtCreate":1640302087527,"gmtModify":1676533514867,"author":{"id":"3583665662213187","authorId":"3583665662213187","name":"TSY123","avatar":"https://static.tigerbbs.com/af38fbc4f07efb7ae9b5ebd03aa4b79b","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3583665662213187","authorIdStr":"3583665662213187"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000795726","repostId":1177863167,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9000792535,"gmtCreate":1640301851864,"gmtModify":1676533514835,"author":{"id":"3573220406186668","authorId":"3573220406186668","name":"Ooi","avatar":"https://static.tigerbbs.com/2d555b3cef5bdec0b3d78b0faeb369fe","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573220406186668","authorIdStr":"3573220406186668"},"htmlText":"Let ook","listText":"Let ook","text":"Let ook","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000792535","repostId":1177863167,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9000798713,"gmtCreate":1640301503096,"gmtModify":1676533514795,"author":{"id":"4090418903913760","authorId":"4090418903913760","name":"FatKid","avatar":"https://community-static.tradeup.com/news/f6692ab34697d0d2f7947fa3f34c6421","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4090418903913760","authorIdStr":"4090418903913760"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000798713","repostId":1177863167,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":698399630,"gmtCreate":1640301049528,"gmtModify":1676532439619,"author":{"id":"3574073427167727","authorId":"3574073427167727","name":"r39","avatar":"https://static.tigerbbs.com/dc513ccd203a6a79ff71de9292d1cff1","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":0,"idStr":"3574073427167727","authorIdStr":"3574073427167727"},"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/698399630","repostId":1177863167,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":698399843,"gmtCreate":1640301016375,"gmtModify":1676532439625,"author":{"id":"4092458811577680","authorId":"4092458811577680","name":"PearlynCSY","avatar":"https://static.tigerbbs.com/b3e9fe7af061efe80a756d23de62e7b3","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"4092458811577680","authorIdStr":"4092458811577680"},"htmlText":"Solid reward by Top Mgt to shareholders.&nbsp;Tencent said on Thursday it will transfer 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.&nbsp;","listText":"Solid reward by Top Mgt to shareholders.&nbsp;Tencent said on Thursday it will transfer 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.&nbsp;","text":"Solid reward by Top Mgt to shareholders. 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