$JD-SW (09618.HK)$$JD.com (JD.US)$ trading at a P/FCF of 12X...
$JD-SW (09618.HK)$ $JD.com (JD.US)$ trading at a P/FCF of 12X; $22B in net cash (38% of mcap); ongoing strong recovery in China retail market; Beijing statements pledge ongoing support to boost consumption. Price action is ridiculous. Rate hike cycle sucking liquidity like a beast.
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PRINSG : The stock price is at a support level and a little volume will reverse the trend. It’s strong fundamentals but China has to do more to really help these giants recover from this dull situation. #JD.com @
MoooLah : BUY BUY BUY