Summary by Futu AI
JD.com announced on August 20, 2024, Eastern Time, that Walmart has sold all of its holdings in JD.com according to the disclosure made in the Schedule 13G/A filed with the Securities and Exchange Commission. JD.com stated that after the transaction, there were changes in stock price and trading volume, but the company is not aware of any reasons other than Walmart's sale of shares, and there is no insider information to disclose. JD.com's equity structure includes Class A and Class B ordinary shares and is listed on the Nasdaq Global Select Market in the USA, with the stock code JD. Investors should be aware of the risks of investing in companies with different voting rights structures. The announcement was issued by Mr. Richard Liu, the Chairman of the Board, on August 21, 2024.