JD.com plunges nearly 12%, leading the decline in the Hang Seng Tech Index

Zhitong
2024.08.21 01:45

The Hang Seng Tech Index fell more than 3.4% in early trading on Wednesday, marking the largest intraday decline in nearly three weeks. JD.com's Hong Kong-listed shares fell as much as 11.8%, hitting the biggest intraday drop since October last year. JD.com led the decline among the constituents of the Hang Seng Tech Index. It is reported that Walmart is selling its stake in JD.com, aiming to raise no more than $3.74 billion

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