Chinese Stocks in US Fall as Citizens Defy Covid Curbs in Unrest [BNN Bloomberg (Canada)]
JD.com, Inc. - American Depositary Shares (JD)
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am
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Source: BNN Bloomberg
The exchange-traded KraneShares CSI China Internet Fund, which holds more than 40 Chinese stocks, traded 0.8% lower. E-commerce giants Alibaba Group Holding Ltd. and JD.com Inc. slipped by 2% each. Shares of electric car makers Nio Inc. and Li Auto Inc. also fell. Protesters took to the streets in various cities and universities across China over the weekend in a rare act of defiance against the government and its landmark Covid Zero strategy. The demonstrations were fueled by a deadly fire in a high-rise apartment block in Urumqi, with some blaming that virus restrictions hampered rescue efforts, although local officials denied. “The path to reopening is likely to be noisy with local infections at risk of remaining high in winter months,” Citigroup Inc. economists led by Johanna Chua said in a note. While the protest and further tightening in Covid restrictions “are unlikely to bode well for sentiment, we are cautious not to interpret these as overly bearish,” they said. The c
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News
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JD
Earnings
- 3/6/24 - Beat
JD
Sec Filings
- 4/26/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/18/24 - Form 6-K
- JD's page on the SEC website