JD.com shares dip on cautious outlook

FILE PHOTO: A sign of China's e-commerce company JD.com is seen at CES (Consumer Electronics Show) Asia 2016 in Shanghai, China, May 12, 2016. REUTERS/Aly Song/File Photo

HONG KONG: JD.com Inc shares fell after the company reported a sharp drop in year-end revenue growth as Chinese shoppers reined in spending, and cautioned a recovery will take time.

Its wariness comes despite signs of a rapid rebound in consumer spending in China in recent weeks, underlining the uncertainty that hangs over the world’s biggest manufacturing nation.