.Signs at JD.com's storage facility in Shanghai, China, on Mar. 9, 2022. The USA Stocks and also Exchange Commission on Wednesday added over 80 companies to its checklist of entities facing possible expulsion from American swaps, which include China's JD.com, Pinduoduo, Bilibili, as well as NetEase.Qilai Shen|Bloomberg|Getty ImagesShares of Chinese ecommerce giant JD.com plunged 10% on Wednesday in Hong Kong after U.S. retailer Walmart affirmed it will sell its stake in the Chinese firm.Stock Graph IconStock graph iconWalmart informed CNBC the choice to sell its stake will definitely make it possible for the business to "pay attention to our strong China procedures for Walmart China and Sam's Group, as well as deploy financing towards other priorities." The firm stated "JD has been actually a valued partner to our team over the past 8 years, as well as our experts are actually dedicated to a continuing office partnership with them." The share was actually the biggest loser on Hong Kong's Hang Seng mark. The U.S.-listed shares dropped 9.5% in after-hours trading.Walmart participated in a critical alliance along with the Chinese provider in June 2016, along with the USA seller taking a 5% risk in JD.com back then.In its own 2023 yearly report, JD.com reported that Walmart possesses 9.4% of average cooperate the firm since March 31, containing merely over 289 thousand shares.JD.com carried out certainly not have a comment when talked to through CNBC.u00e2 $" CNBC's Evelyn Cheng brought about this document.