JD.com shares set to rise 6.5% after earnings beat forecasts

HONG KONG : The Hong Kong-listed shares of Chinese e-commerce group JD.com were set to jump 6.5 per cent on Friday after it reported forecast-beating quarterly profits, helped by price cuts that lured cost-conscious consumers to its platform.
JD.com’s Hong Kong shares were set to open at HK$105.80.

(Reporting By Anne Marie Roantree; Editing by Himani Sarkar)