Summary by Moomoo AI
Fortune Rising Holdings Ltd, an affiliate of JD.com, plans to sell 200,850 American Depositary Shares (ADS) of JD.com by 12/31/2024. Each ADS represents two Class A ordinary shares, with an aggregate market value of $6,881,121. The shares were originally acquired on 05/09/2014 through a redesignation of shares issued under JD.com's Share Incentive Plan.Over the past three months, the affiliate has sold 89,518 ADS for total gross proceeds of $3,816,073.99. The sales occurred between 09/30/2024 and 12/30/2024, with the largest single-day sale of 18,011 ADS on 09/30/2024 for $743,818.67. The planned sale of 200,850 ADS represents a significant increase compared to recent trading activity.