TENCENT: Tencent announced that it is planning to distribute USD 16.3 bn in JD shares. Given mainland China’s crackdown on Tencent, the disposal is not a surprise and others will follow.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.