|Bid||57.49 x 900|
|Ask||57.51 x 800|
|Day's Range||56.35 - 58.17|
|52 Week Range||33.17 - 88.22|
|Beta (5Y Monthly)||0.47|
|PE Ratio (TTM)||11.78|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 19, 2022|
|1y Target Est||N/A|
Chinese ecommerce company JD.com is to cut pay by up to 20 per cent for senior executives, saying the move would help deal with slowing growth and improve welfare for lower-paid staff, in an apparent nod to Beijing’s push to narrow the country’s wealth gap. More than 2,000 employees at deputy-director level and above will be affected by the pay cuts, with cash salaries slashed by 10 per cent to 20 per cent, starting on January 1 next year. The biggest cuts will fall on the most senior employees.
Markets were in the red at the close of trading on Monday, while Chinese stocks moved higher despite COVID lockdowns in the country.
While JD.com, Inc. ( NASDAQ:JD ) shareholders are probably generally happy, the stock hasn't had particularly good run...