CHINA E-COMMERCE JD.COM INC. TO BUY STAKE IN SINOLINK SECURITIES

Highlights –

• China e-commerce JD.com Inc. to buy stake in Sinolink Securities.
• The e-commerce company aims to bolster its financial services operations.
• JD.com plans to buy the stake from Sinolink’s largest shareholder Yongjin Group.
• JD.com plans to buy stake of at least $1.5 billion.

China’s 2nd-biggest e-commerce company by revenue JD.com ....