89618 JD-SWR
- 94.750
- +2.050+2.21%
JD-SWR News
pdd holdings's stock price plummeted to a record low, generating returns from hedge fund's convertible bond arbitrage trades.
While the stock price of PDD Holdings hit a record low, a hedge fund strategy that takes advantage of the disconnect between the stock and corporate bond markets is benefiting. The core of this strategy is convertible bonds, which can be converted into stocks under certain circumstances. This strategy involves buying convertible bonds, which is equivalent to giving the holder a call option to buy the underlying stocks at the conversion price, and shorting the company's stocks as a hedge. This strategy yielded significant returns on Monday. PDD Holdings' ADR listed in the USA plummeted 29%, marking the biggest drop since its IPO in 2018. The company's quarterly revenue fell short of expectations and issued a warning of slowing revenue growth, while PDD Holdings 2025.
jd.com (09618) once rose more than 2.3% and announced a $5 billion buyback plan. Citigroup suggests that it is expected to catalyze a short-term increase in the stock price.
Jing Gong Cai Xun | jd.com (09618) rose against the market in early trading, as of press time, it rose more than 2.3%, as of press time, it rose 1.08%, at HKD 102.8, with a turnover of 0.324 billion HKD. The company announced that the board of directors has approved a new share repurchase plan, effective from September 2024. According to the new share repurchase plan, the company is authorized to repurchase shares worth no more than $5 billion, including American depositary shares, within the next 36 months ending August 2027. Citigroup believes that jd.com's newly announced $5 billion share repurchase plan sends a stronger signal that the management values the shareholders.
Walmart launches new holiday third-party seller services.
US retail giant Walmart announced on Tuesday that it will provide services to e-commerce platform sellers, handling the transportation of their goods from Asia directly to Walmart's US warehouses, and managing orders and returns from any e-commerce website. This is a new method to boost its e-commerce platform business before the holiday shopping season. Walmart's marketplace business has become a significant source of revenue, and the company is trying to close the gap with Amazon in handling third-party sales. The world's largest retailer made this announcement after reducing its shareholding in Chinese e-commerce giant JD.com last week. Walmart's efforts indicate that it is seeking to handle internally
jd.com and live streaming are getting it on.
Continuously increase investment in livestreaming.
Gelonghui Announcements (Hong Kong Stocks) | Nongfu Spring (09633.HK) announced its mid-year performance with a 8.0% year-on-year increase in net profit and a 59.5% increase in revenue from tea beverage products.
【Today's Focus】 Nongfu Spring (09633.HK) announced its interim performance, with a net profit growth of 8.0% compared to the same period last year. The income from tea beverage products increased by 59.5%. Nongfu Spring (09633.HK) released a notice stating that in the first half of 2024, the company's total revenue was RMB 2,217.3 million, a year-on-year increase of 8.4%; the net profit attributable to the owners of the parent company was approximately RMB 624 million, a year-on-year increase of 8.0%; and the basic earnings per share were RMB 0.55, a year-on-year increase of 8.0%. In January and February 2024, the group's sales of packaged drinking water products were good in these two months.
Hong Kong stock announcement | Ctrip Group-S second quarter shareholder net profit of 3.833 billion yuan, a significant increase of 507.45% year-on-year, strong growth in the tourism business.
ANTA Sports (02020) released its interim results, achieving revenue of 337.35 million yuan, a year-on-year increase of 13.8%, further solidifying its leading position in the Chinese sports brand industry; China Taiping (00966) reported a 15.4% year-on-year increase in attributable net profit for the first half of 2024, reaching 6.027 billion Hong Kong dollars, with Taiping Life's NBV increasing by 83.6% year-on-year.
Express News | U.S.-Listed Shares of JD.com Jump 4.6% Premarket After Co Announces $5 Bln Share Repurchase Program
Express News | JD.com Inc - New Share Repurchase Program Effective From September 2024
Express News | JD.com Inc - May Repurchase up to US$5.0 Bln Worth of Its Share Over Next 36 Months Through End of August 2027
Express News | JD.com Announces US$5.0 Billion New Share Repurchase Program
Express News | HK-Listed Shares of JD.com Set to Open Down More Than 4%
Express News | U.S.-Listed Shares of JD.com Down 1.8% Premarket
Express News | U.S.-Listed Shares of JD.com, Alibaba Group Holding Down Premarket After PDD's Q2 Rev Miss
jd.com: Invest an additional 1 billion cash and traffic every month to enhance resources and attract high-quality service providers and influencers to settle in.
Sina Technology News, on the afternoon of August 26, JD.com announced that it will invest an additional 1 billion cash and traffic resources per month to help brand merchants better use digital human live streaming tools and introduce more professional service providers and experts. Among them, for the introduction of digital human live streaming service providers, the platform will invest billions of traffic and fully open the floating rights of JD.com's live streaming channels, search, recommendations, and other public channels, providing direct traffic support for digital human live streaming. By introducing a large number of digital human service providers, it helps merchants reduce the cost of live streaming, and nearly 10,000 merchants are currently benefiting. At the same time, the platform will also classify digital human service providers.
Correction: Hong Kong Ends Week in Green; JD.com Soars 8% on Positive Earnings
Wall Street Analysts Think JD.com (JD) Could Surge 48.61%: Read This Before Placing a Bet
After Walmart's clearance sale, JPMorgan stands with JD.com: the valuation is really too low, and the stock price is expected to rebound.
1. JPMorgan believes that JD.com's stock price is expected to rebound in the future because Walmart's withdrawal will not affect JD.com's solid fundamentals; 2. At the same time, JD.com's valuation itself is already low enough, which means there is a huge potential for upward movement.
Hong Kong stocks are volatile. JD.com-SW(09618) is now up more than 3%. Morgan Stanley said that Walmart's shareholding reduction is only a short-term impact. The company repurchased nearly 0.4 billion US dollars of shares in a single day.
jd.com-SW(09618) is now up more than 3%. As of the time of writing, it has increased by 3.03% and is trading at HKD 105.6, with a turnover of HKD 1.582 billion.
[Special Guest Big V] Deng Shengxing: Hong Kong stocks are repeatedly weak and unable to go up.
Golden Finance News | Hang Seng Index closed at 17,391 on Wednesday (21st), down 120 points or 0.69%. The market had a full-day turnover of 93.8 billion yuan. The A50 Index fell by 53 points or 0.87% to 6141. The ChiNext Index surged over 3% this morning, but closed down 63 points or 1.8% at 3434. Walmart is reported to be selling its stake in JD.com (09618). JD.com responded in the afternoon, expressing confidence in future cooperation with Walmart. The closing price fell by 8.7% to 102.4 yuan, making it the worst-performing blue-chip. After Kuaishou (01024) announced its performance, several major banks lowered their target price, and the market is watching its e-commerce sales platform closely.
JD.com (09618) rose 2.73%. Walmart no longer holds company equity. The event only has "short-term negative impact" on the raw materials industry.
Kingway Financial News | jd.com (09618) opened more than 3% higher, as of the time of writing, it rose by 2.73%, reaching HK$105.2, with a transaction amount of 0.291 billion HK$. It is worth noting that the stock fell by 8.73% yesterday. On August 20th Eastern Time, jd.com announced that walmart has submitted a Schedule 13G/A to the Securities and Exchange Commission regarding the sale of company shares. The schedule shows that walmart no longer holds company shares. JPMorgan Chase stated that walmart's sale of jd.com shares is only a "short-term negative impact" event, which will not affect the basic fundamentals of jd.com, and recommends investors to trade accordingly.
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