Chinese retailer JD.com (JD) has taken investors on a wild ride this year. Since hitting a high of more than $108 per share earlier this year, shares of this embattled e-commerce player have sunk to below $70 per share of late.
Indeed, there are many reasons for this.
In general, investors appear to be wary of Chinese tech stocks right now due to regulatory and geopolitical risk. The Chinese government has begun to assert its power over these tech monoliths in a big way. If this power struggle…
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