Thursday’s sharp decline in shares of JD.com (NASDAQ:JD) put pressure on a series of ETFs tied to China’s internet and e-commerce sectors, as investors worried about slowing revenue growth and further pressure for delisting. The sell-off included a substantial drop in the Invesco Golden Dragon China Portfolio ETF (NASDAQ:PGJ) and KraneShares CSI China Internet ETF (NYSEARCA:KWEB).
Chinese internet and e-commerce ETFs fall on JD earnings, delisting worries comes via ChinaTechNews.com.
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