Chinese companies trading in the United States often trade at a big discount because of the ongoing geopolitical tensions, which will likely escalate if Donald Trump wins the presidency. JD.com (JD) stock has retreated sharply in the last few years. After peaking at $101.25 in 2021, the stock retreated to $27, lowering its market cap from over $143.53 billion to below $39 billion. More By This Author:EUR/USD Forecast: Signal Ahead Of August NFP Jobs Data Asia-Pacific Markets Rise As US Economic Data Eases Recession Fears Intel CEO Pat Gelsinger Addresses Investor Concerns Amid Stock Plunge
Leave A Comment