Tencent to hand out $22 billion of JD.com shares as dividend

December 23, 2021 10:53 AM

HONG KONG (BLOOMBERG) – Tencent Holdings plans to distribute more than US$16 billion (S$22 billion) of JD.com shares to its investors as a one-time dividend, representing a near retreat from the Chinese e-commerce firm that has been one of its most successful investments.

Source : https://www.straitstimes.com/business/companies-markets/tencent-to-hand-out-22-billion-of-jdcom-shares-as-dividend