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JD.com shares set to rise 6.5% after earnings beat forecasts

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JD.com shares set to rise 6.5% after earnings beat forecasts

Aug 15, 2024 6:50 PM

HONG KONG, Aug 16 (Reuters) - The Hong Kong-listed

shares of Chinese e-commerce group JD.com ( JD ) were set to

jump 6.5% on Friday after it reported forecast-beating quarterly

profits, helped by price cuts that lured cost-conscious

consumers to its platform.

JD.com's ( JD ) Hong Kong shares were set to open at HK$105.80.

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