JD.com, Inc. Class A (HK:9618) has released an update.
JD.com, Inc., a company subject to weighted voting rights, has announced a proposed offering of $1.5 billion in convertible senior notes due in 2029, alongside disclosing unaudited interim condensed consolidated financial statements and management’s discussion for periods ending March 31, 2023 and 2024. Shareholders are cautioned about the risks of investing in companies with weighted voting rights structures. The company’s shares are listed on the Nasdaq and in Hong Kong, with the announcement made in compliance with relevant Hong Kong securities regulations.
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