.Signage at JD.com's storage facility in Shanghai, China, on Mar. 9, 2022. The U.S. Securities and Exchange Commission on Wednesday included over 80 firms to its own list of companies facing feasible banishment coming from American swaps, that include China's JD.com, Pinduoduo, Bilibili, and also NetEase.Qilai Shen|Bloomberg|Getty ImagesShares of Chinese e-commerce giant JD.com plunged 10% on Wednesday in Hong Kong after USA retailer Walmart confirmed it will sell its risk in the Mandarin firm.Stock Chart IconStock graph iconWalmart told CNBC the selection to sell its stake is going to allow the firm to "pay attention to our strong China functions for Walmart China and Sam's Group, and set up funding towards other priorities." The business pointed out "JD has been actually a valued companion to us over recent 8 years, as well as our experts are committed to a continuous commercial connection along with all of them." The share was the largest loss on Hong Kong's Hang Seng index. The U.S.-listed shares fell 9.5% in after-hours trading.Walmart entered into an important alliance with the Chinese provider in June 2016, with the USA seller taking a 5% concern in JD.com back then.In its 2023 yearly record, JD.com stated that Walmart possesses 9.4% of ordinary cooperate the company as of March 31, accommodating only over 289 million shares.JD.com did not have a review when contacted by CNBC.u00e2 $" CNBC's Evelyn Cheng contributed to this report.