JD.com shares set to rise 6.5% after earnings beat forecasts
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FILE PHOTO: A logo of JD.com is seen on a helmet of a delivery man in Beijing, China June 16, 2014. Picture taken June 16, 2014. REUTERS/Jason Lee/File Photo
HONG KONG (Reuters) - The Hong Kong-listed shares of Chinese e-commerce group JD.com were set to jump 6.5% on Friday after it reported forecast-beating quarterly profits, helped by price cuts that lured cost-conscious consumers to its platform.
JD.com's Hong Kong shares were set to open at HK$105.80.
(Reporting By Anne Marie Roantree; Editing by Himani Sarkar)
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