Here's Why JD.Com Shares Are Moving
Portfolio Pulse from Henry Khederian
Shares of JD.Com Inc (NASDAQ:JD) are trading higher by 3.84% to $35.44 ahead of U.S. Treasury Secretary Janet Yellen's upcoming visit to China. Yellen's visit is expected to focus on securing national security interests, fostering mutually beneficial growth, and cooperating on global challenges. JD.Com has a 52-week high of $68.29 and a 52-week low of $33.17.
July 03, 2023 | 1:37 pm
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JD.Com shares are trading higher ahead of Janet Yellen's visit to China. The visit is expected to focus on economic priorities that could impact Chinese stocks.
The rise in JD.Com shares is directly linked to the upcoming visit of the US Treasury Secretary to China. The visit is expected to focus on economic priorities that could have a positive impact on Chinese stocks, including JD.Com.
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