When Tencent divest
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Over the past two weeks, Tencent had a rapid fire of divestments that spooked the public.
On December 23, it announced to reduce its 17% of JD.com shares to 2.3% by means of special dividends. Effectively, Tencent is no longer the biggest owner of JD.com.
On January 4, it reduced its shares of Sing...