JD.Com shares are trading lower amid weakness in Chinese stocks over concerns of a COVID surge in China.
Portfolio Pulse from Benzinga Newsdesk
JD.Com shares are trading lower due to concerns of a COVID surge in China, causing weakness in Chinese stocks.
May 24, 2023 | 3:59 pm
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JD.Com shares are trading lower as concerns of a COVID surge in China lead to weakness in Chinese stocks.
The article mentions that JD.Com shares are trading lower due to concerns of a COVID surge in China. This has led to weakness in Chinese stocks, which directly impacts JD.Com's stock price. As a result, the short-term price direction for JD is likely to go down.
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