A whale with a lot of money to spend has taken a noticeably bullish stance on JD.com.
Looking at options history for JD.com (NASDAQ:JD) we detected 18 strange trades.
Hong Kong’s benchmark index Hang Seng index opened in the green on Tuesday, gaining 0.34%, seemingly moving past concerns related to underwhelming economic data reported a day earlier.
Hong Kong’s benchmark Hang Seng index traded in the red Monday morning, falling 0.6% after China's industrial production and retail sales data disappointed investors.
Hong Kong’s benchmark index Hang Seng today opened in the red, losing 0.23% in Friday morning trade as investors took cues from a mixed session on Wall Street the day before. U.S. indices ended mixed earlier on Thursday despite a fall in the producers’ prices.
Hong Kong’s Hang Seng Index rose over 1.3% in Thursday morning trade in line with positive cues from Wall Street the day before after July consumer inflation in the U.S. came in at 8.5%, below the expected figure of 8.7%, calming fears about aggressive rate hikes by the Fed.
Hong Kong shares opened in the red on Wednesday, with the benchmark Hang Seng Index losing 0.83% in opening trade as investors turned their eyes toward inflation data from China and the U.S.
Hong Kong shares were mixed on Tuesday morning, with the benchmark Hang Seng Index down more than 0.1%, as investors looked ahead to crucial U.S. inflation data that will decide the course of further rate hikes by the Federal Reserve.
Shares of Alibaba rose 1.5% in opening trade, while those of JD.com lost over 2%.
JD.com's (NASDAQ:JD) short percent of float has fallen 21.23% since its last report. The company recently reported that it has 15.12 million shares sold short, which is 1.15% of all regular shares that are available for trading.
Hong Kong’s benchmark Hang Seng Index opened in the green on Friday, gaining 0.3% in morning trade, even as Wall Street ended on a mixed note overnight ahead of the release of a U.S. jobs report.