JD.com's HK shares fall most in six weeks on logistics unit stake dilution

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JD.com's HK shares fall most in six weeks on logistics unit stake dilution

Reuters2021-06-21

** Hong Kong shares of Chinese e-commerce firm JD.com Inc fall 3.8% to HK$275.60, marking their biggest intraday percentage decline since May 11

** Stock is set to snap two straight sessions of gains and is the fourth-biggest percentage decliner in the Hang Seng Tech Index

** JD.com says its unit JD Logistics has issued an additional 91.37 mln shares at HK$40.36 each to cover an over-allotment option in its Hong Kong IPO, raising a further HK$3.63 bln ($467.5 mln) in net proceeds to upgrade and expand logistics networks ()

** Says its stake in JD Logistics is diluted to 63.46% after the deal, from 64.42%

** Shares of JD Logistics fall 3.3% to HK$40.50, their lowest since May 31

** The Hong Kong Hang Seng Commerce & Industry Index slides 0.7%, and the Hang Seng Tech Index falls 1.6%

** The Hang Seng China enterprises index slips 1.1%, and the benchmark index drops 1.4%

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Comment（25）

Alykrunch
·2021-07-22
So sadddddd
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Alykrunch
·2021-07-13
Is this the right time to buy in?
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paulyip
·2021-06-23
Strange
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Aaronnew
·2021-06-22
Dilution?
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chewstocks
·2021-06-22
Deeeeeeep red dip further
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Deonc
·2021-06-21
Jd is a good company and these are the kind of company to buy the dips on. Be patient and get rewarded. Please like and comment.thanks
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- Deonc:
  thanks
  2021-07-13
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- Alykrunch:
  THanks for the insight
  2021-07-13
  Reply
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xinhui
·2021-06-21
Ok
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Houhouhou
·2021-06-21
Damn
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Hkh
·2021-06-21
Buy at dip
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1
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hobbitt
·2021-06-21
[呆住]
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happymoney
·2021-06-21
Bought the dip
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JaneJane
·2021-06-21
???
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justplainame
·2021-06-21
Ok
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justplainame
·2021-06-21
Hmmm
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857857a8787
·2021-06-21
dip dip
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- jonsdx:
  comment
  2021-06-21
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Skyyyyyyyy
·2021-06-21
buy the dip
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Ling96000
·2021-06-21
Wow
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3
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hahabuddah
·2021-06-21
Ok
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Weilonglek
·2021-06-21
Hmm
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red dip further","listText":"Deeeeeeep red dip further","text":"Deeeeeeep red dip further","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120928374","repostId":2145108800,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":167764249,"gmtCreate":1624285333381,"gmtModify":1703832505319,"author":{"id":"3569316529855154","authorId":"3569316529855154","authorIdStr":"3569316529855154","name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3569316529855154"},"htmlText":"Jd is a good company and these are the kind of company to buy the dips on. Be patient and get rewarded. Please like and comment.thanks","listText":"Jd is a good company and these are the kind of company to buy the dips on. Be patient and get rewarded. Please like and comment.thanks","text":"Jd is a good company and these are the kind of company to buy the dips on. Be patient and get rewarded. Please like and comment.thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/167764249","repostId":2145108800,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5204239,"gmtCreate":1626154814155,"gmtModify":1663230900135,"authorId":3569316529855154,"author":{"id":3569316529855154,"authorId":3569316529855154,"name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 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