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

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By Reuters | Updated: August 16, 2024

HONG KONG, Aug 16 (Reuters) – The Hong Kong-listed shares of Chinese e-commerce group JD.com (9618.HK) 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 Hong Kong shares were set to open at HK$105.80.

@ Thomson Reuters 2024

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