Asian Equities Traded in the US as American Depositary Receipts Drop in Thursday Trading
Should Weakness in JD.com, Inc.'s (NASDAQ:JD) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
JD Sports Fashion PLC Completion of the Acquisition of Hibbett, Inc.
Hibbett Announces Completion of Acquisition by JD Sports Fashion Plc
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JD.com Likely to Beat 2Q Earnings Estimates -- Market Talk
JD.com ADR Target Price Cut to $40 From $43 by Deutsche Bank >JD
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Zhitong Hong Kong Stock Early Access | In the first half of the year, the national total social electricity consumption was 4.66 trillion kilowatt-hours, a year-on-year increase of 8.1%. The three major U.S. stock indexes collectively plummeted.
In the first half of the year, the national total social electricity consumption reached 4.66 trillion kWh, a year-on-year increase of 8.1%.
JD.com Options Spot-On: On July 24th, 77,369 Contracts Were Traded, With 1 Million Open Interest
[Brokerage Focus] Guosheng Securities maintains a 'shareholding' rating for JD.com (09618) and expects its revenue to continue to grow faster than the overall social retail market.
Jingu Finance | Guosheng Securities issued a research report stating that on July 15th, the National Bureau of Statistics released the latest data: in the first half of 2024, China's total social zero sales reach 2,359.69 billion yuan, a year-on-year increase of 3.7%. The online retail sales of physical commodities increased by 8.8% year-on-year, accounting for 25.3% of social zero. Among them, sales of basic necessities and upgraded commodities are showing good momentum, with high-energy efficiency and smart home appliances achieving fast growth in sales. Considering the sustained increase in online shopping penetration rate and the overall good growth trend of social zero, the bank expects jd.com (09618) revenue to continue to grow faster than the social zero growth rate. Secondly,
JD.com's Jingdong to Work With Airstar Bank for Hong Kong Stablecoin Sandbox
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What the Options Market Tells Us About JD.com
Amazon's overseas official flagship store will join jd.com and officially open on Black Friday in 2024.
On the afternoon of July 23rd, Amazon Overseas Purchase announced that the Amazon Overseas Official Flagship Store has settled in jd.com and started trial operation. It will officially open during the Black Friday Global Shopping Season in 2024. In the future, Amazon Overseas Purchase will bring more high-quality overseas products and discounts to Chinese consumers, and provide faster international delivery services.
Tianfeng International: 361 Degrees' e-commerce channel performance in Q2 24 has seen high growth, maintaining a "buy" rating.
TF International released a research report and maintained a "buy" rating on 361 degrees (01361). It is expected that the company's revenue in 2024-2026 will be RMB 10.09 billion, RMB 11.69 billion, and RMB 13.45 billion respectively. The net profit attributable to the parent company is expected to be RMB 1.16 billion, RMB 1.42 billion, and RMB 1.61 billion, respectively with corresponding EPS of RMB 0.56/share, RMB 0.69/share, and RMB 0.78/share. The company has made progress in developing e-commerce channels, with high sales growth during the "618" period. The bank is bullish about the company continuing to benefit from the growth of e-commerce channels in the future.
10 Consumer Discretionary Stocks Whale Activity In Today's Session
The central bank unexpectedly lowered the policy interest rate, stimulating the Hong Kong stock market to stop falling from its low point.
Last week, the Hang Seng Index fell a total of 875 points or 4.8%, reaching the lowest level in nearly three months since April 26; the Hang Seng Tech Index plummeted by 6.5%, dragging down the entire market. However, China's 1-year and 5-year LPRs were lowered by 10 basis points in July, driving a rebound in Hong Kong stocks today, climbing 181 points in the morning. The Hang Seng Index rose 142 points or 0.9% to 17,560 points in the half-day period; the National Index rose 61 points or 1% to 6,226 points; and the Hang Seng Tech Index rose 59 points or 1.7% to 3,596 points. The total turnover of the market in the half-day period was HKD 53.671 billion, and the net inflow of Shanghai and Shenzhen-Hong Kong stocks in the southbound trading was 2.
[Brokerage Focus] Tianfeng securities maintains a "buy" rating on JD.com (9618), expecting the gradual release of consumer demand to drive the company's performance to improve.
Tianfeng Securities released a research report stating that jd.com's self-operated business has a strong barrier to entry, and the POP ecosystem is steadily advancing, and the improvement of user consumption experience is expected to form a benign cycle of stimulating consumer demand. The bank believes that as China's consumer market steadily recovers, the increase in the richness of low-priced supply on the platform may lay the foundation for future breakthroughs in the sinking market and activation of old users. The bank expects jd.com's 2Q24 revenue to rise 0.5% year-on-year to 289.3 billion yuan, with revenue growth under short-term pressure, mainly due to 1) overall weak performance of terminal consumption and 2) the real estate market at the bottom.
JD.com (NASDAQ:JD) Might Have The Makings Of A Multi-Bagger