JD.com (9618 HK): Overhang a Bigger Worry than Immediate Selling
The JD.com shares from Tencent's in-specie dividend settle today. There will be immediate selling from the ADR depositaries, while Prosus' holding...
688 Views
JD Logistics Placement - Not Wholly Convinced, JD’s US$700m Support Helps
JD Logistics (JDL) aims to raise around US$1.1bn, with US$400m coming via an institutional placement. The balance will be funded by issuing shares...
542 Views
JD.com Tencent Distribution - Updates on the Now US$15bn Overhang and the Prosus Angle
On 23rd Dec 2021, Tencent declared a special interim dividend in the form of a distribution in specie of 457.326m shares of JD.com. In this note we...
844 Views
ECM Weekly (20th Mar 2022) - JD.com, Tencent, Prosus, GoTo, Ferretti, Green Tea, Recbio, Abacus
Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
364 Views
Tencent's BIG In-Specie Dividend of JD.com Shares - The Likely Flows & Timing
Tencent announced an in-specie dividend of JD.com shares in late December. Record Dt was 25 Jan. Nearly $14bn of JD.com stock and cash will get...
857 Views