{"id":53242,"date":"2016-06-28T08:14:32","date_gmt":"2016-06-28T12:14:32","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=53242"},"modified":"2016-06-28T08:14:32","modified_gmt":"2016-06-28T12:14:32","slug":"jd-com-loses-luster-as-hedge-funds-backpedal-amid-slowing-growth","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2016\/jd-com-loses-luster-as-hedge-funds-backpedal-amid-slowing-growth.html","title":{"rendered":"JD.com Loses Luster as Hedge Funds Backpedal Amid Slowing Growth"},"content":{"rendered":"<p>(Bloomberg) JD.com Inc., the Chinese online retailer that a year ago was a favorite among hedge fund managers including Tiger Management LLC\u2019s Julian Robertson, is quickly losing its allure.<\/p>\n<p>The U.S.-traded stock has plunged 37 percent this year, wiping out almost $17 billion in market value. The number of shares borrowed for short selling touched a record on June 15 after more than doubling in less than a month. Hedge funds including Tiger and Lone Pine Capital have been bailing out.<br \/>\nThe turnaround comes as China\u2019s slowing economy and intensifying e-commerce competition crimp the company\u2019s expansion. With sales growth flagging, investors are increasingly questioning when, or even if, the 12-year-old company will ever become profitable.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-06-27\/jd-com-loses-luster-as-hedge-funds-backpedal-amid-slowing-growth\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) JD.com Inc., the Chinese online retailer that a year ago was a favorite among hedge fund managers including Tiger Management LLC\u2019s Julian Robertson, is quickly losing its allure. The U.S.-traded stock has plunged 37 percent this year, wiping out [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-53242","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=53242"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53242\/revisions"}],"predecessor-version":[{"id":53243,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53242\/revisions\/53243"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=53242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=53242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=53242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}