GREG BAKER/AFP via Getty Images Chinese e-commerce giant Alibaba Group Holding is converting its listing in Hong Kong to primary status from secondary on August 28, setting the stage for the company to gain wider access to investors on the mainland. Alibaba announced on Friday its shareholders have approved the long-awaited conversion, which will add
Walmart was largest shareholder in JD.com with 5.19% stake -LSEG Companies say they will continue commercial cooperation JD.com shares close nearly 9% lower in Hong Kong, down 5% in US Walmart sold its entire stake in JD.com, ending an eight-year investment in the Chinese e-commerce firm that was yielding waning returns, and the U.S. retail
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