Why JD.com Has Soared 30% Higher This Week
Shares of JD.com (NASDAQ: JD) are up by 29.1% from where they closed last Friday, according to data from S&P Global Market Intelligence, after Beijing signaled that it would relax its crackdown on tech companies and shift to policies that are supportive of the Chinese stock market.
That, coupled with renewed support for Chinese companies that are listed on U.S. exchanges, has the entire Chinese tech sector flying high.
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Source Fool.com
