At one point in Hong Kong, JD extended its decline to more than 10%, and its stock price hit a one-month low. The company's earnings report released on Thursday showed a 2.9% decline in second-quarter revenue. This is the first time since JD went public in the US in 2014 that it experienced a decline in quarterly revenue. By the midday close, JD Hong Kong shares fell 10.08% to HK$110.60; Hong Kong's Hang Seng Index fell 0.9%.

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