XY Capital Dumps 419,000 JD.com Shares in $13.7 Million Exit

Admittedly, other Chinese stocks, such as JD.com’s largest competitor, Alibaba , experienced a comparable decline until 2024. Also, investors often turn to a No. 2 company in a given industry, and JD.com certainly fits that description in the Chinese market.XY Capital has closed out its JD.com position amid a long-term downtrend in the stock. Although the stock stopped falling in 2024, the increases since that time have been minimal.JD.com, Inc. is a leading Chinese e-commerce and supply chain technology pr ...