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Major bank ratings | Citigroup: Expects JD.com to have strong performance in the last quarter, benefiting from the trade-in plan.
Citi published a Research Report, raising JD.com's revenue and non-GAAP net income forecasts for the fourth quarter of fiscal year 2024 by 3.9% and 27.5% respectively, to reflect stronger-than-expected growth in electronic product sales. The bank currently predicts that JD.com's electronic product sales will grow by 11.8% year-on-year; sales of daily necessities are expected to increase by 8.5%. Due to the positive net profit margin and strong operating leverage brought about by the trade-in program, the net income forecast has been raised by 27.5%, with a profit forecast of 9.83 billion yuan, exceeding the previous estimate of 7.7 billion yuan. Citi has stated that the total revenue forecast for JD.com for the fiscal years 2024 to 2026 has been revised to +1.
[Brokerage Focus] Tianfeng maintains a "Buy" rating for JD HEALTH (06618), Bullish on its continuous strengthening as a self-operated Pharmaceutical E-commerce.
Tianfeng released a Research Report indicating that the signing ceremony for the strategic cooperation between JD HEALTH (06618) and China Resources Sanjiu Medical & Pharmaceutical was held at JD's Global Headquarters in Peking. In the coming year, both parties will deepen cooperation in the fields of pharmaceutical retail across all channels, pharmaceutical digital marketing, and corporate social responsibility, establishing a new benchmark for comprehensive cooperation in pharmaceutical retail, jointly leading the high-quality development of the Industry, and maximizing the social value of enterprises. The firm pointed out that leveraging JD HEALTH's advantage as the "first station for the full launch of new specialty drugs on the entire network," JD HEALTH will assist China Resources Sanjiu in making more new drugs and good medicines accessible to the public.
Zhizhong Hong Kong Stock Short Selling Statistics | January 6th
Hong Kong Stock short selling Statistics | January 6.
Large Network Technology stocks generally rose. Xiaomi Group (01810) increased by 6.18%. Institutions suggest that AI is expected to empower domestic Internet Plus-Related giants to open up new growth opportunities.
Gold & Wealth News | Network Technology stocks generally rose, with Xiaomi Group (01810) up 6.18%, Meituan (03690) up 3.25%, Alibaba (09988) up 3.01%, JD Group (09618) and JD HEALTH (06618) rising over 2%. BOCOM INTL released a market outlook report, indicating that the Global economy is entering a phase of cyclical transition. It is expected that by 2025, the stock market will have both support and face disturbances, thus suggesting a balanced allocation. In the Internet Plus-Related industry, demand recovery is evident, and there is a Bullish outlook on quality platforms with attractive valuations. The effects of new policies promoting online and offline Consumer spending may manifest the quickest, it is projected that the bank will...
[Hong Kong Stock Connect] JD HEALTH (06618) will collaborate with China Resources Sanjiu Medical & Pharmaceutical in the fields of omni-channel pharmaceutical retail and digital marketing in the pharmaceutical industry.
Jinwu Financial News | Recently, JD HEALTH (06618) and China Resources Sanjiu Medical & Pharmaceutical Co., Ltd. (referred to as: China Resources Sanjiu) held a strategic cooperation signing ceremony at the Peking JD Global Headquarters. In the coming year, the two parties will comprehensively deepen cooperation in fields such as pharmaceutical retail across all channels, pharmaceutical digital marketing, and corporate social responsibility, establishing a new benchmark for cooperation in pharmaceutical retail across all channels.
JD HEALTH (06618.HK) granted 0.6432 million shares as reward.
On January 1, Glonghui announced that JD HEALTH (06618.HK) issued a notice stating that on January 1, 2025, the company awarded 0.64323 million new shares as reward shares to the grantees according to the share incentive plan after the initial public offering, accounting for approximately 0.02% of the total issued shares on the grant date.
Alice Lim choo : good
Cui Nyonya Kueh :
Himzzi : Israel is going to spoil the party. Central Beirut attacked earlier today.