People walking past electronic boards showing recent stock market information in Mong Kok, Hong Kong. Photo: Sam Tsang
People walking past electronic boards showing recent stock market information in Mong Kok, Hong Kong. Photo: Sam Tsang

Tencent’s US$16.4 billion surprise dividend windfall lights up Hong Kong stock market while JD.com slumps

  • Tencent to distribute most of its holding in JD.com to shareholders as interim dividend, a stake valued at US$16.4 billion at recent market price
  • Hang Seng Index logged a three-day winning run as investors picked up value in beaten-down stocks

Topic |   China stock market
People walking past electronic boards showing recent stock market information in Mong Kok, Hong Kong. Photo: Sam Tsang
People walking past electronic boards showing recent stock market information in Mong Kok, Hong Kong. Photo: Sam Tsang
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