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Nomura: Recommended E-Commerce stocks are JD-SW (09618), Alibaba-W (09988), PDD Holdings, and NTES-S (09999).
Nomura experts predict that the scale of Douyin e-commerce will grow by 20-25% in 2025.
E-commerce stocks are under pressure, JD.com Group (09618) dropped by 3.15%, and Trump aims to cancel the tax exemption for packages under 800 dollars.
Golden Finance News | E-commerce stocks are under pressure, JD.com (09618) fell by 3.15%, Alibaba (09988) decreased by 0.67%. Regarding the news, Trump plans to cancel the long-standing tax exemption for packages valued under 800 dollars. A senior official from the Trump administration stated that the cancellation of this tax exemption is due to the significant loss of tariff revenue for the USA, and this policy also hampers customs officials' ability to intercept illegal fentanyl inflow into the USA. Nomura pointed out that the low-value goods model accounts for one-tenth of China's total exports to the USA. Data from the USA Customs and Border Protection shows that 202
Express News | JD.com up 3.9%, Baidu up 2.4%, Ishares MSCI China ETF up 1.4%
Express News | Alibaba up 1.6%, PDD Holdings up 2.3%, Tencent Music up 1.8%
Express News | U.S.-Listed Shares of Chinese Firms Rise Premarket
JD.com to Acquire Remaining Dada Nexus Shares
