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Credit Suisse: It is expected that Tencent's dividend reduction will have a limited impact on JD.com's business

Credit Suisse issued a report saying that Tencent (0700.HK) announced the physical distribution of 9618.HK JD.com shares as a special interim dividend, because Tencent believes that JD.com has been able to continue to self-fund for future plans and believes that it is time to exit.

The bank believes that the impact of Tencent's move on JD.com's business is limited, and JD.com's stock price may face selling pressure in the short term, but it can be partially offset by the company's repurchase plan.

Credit Suisse: It is expected that Tencent's dividend reduction will have a limited impact on JD.com's business
Credit Suisse JD Tencent
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