[Brokerage Focus] Bocom Intl: Internet plus-related industry trends are in line with the overall market, recommending jd.com (09618) and Tongcheng (00780).
According to Bocom Intl's research, the Chinese Internet index (KWEB) fluctuated slightly with the general market, down 2% month-on-month, compared to Nasdaq/Hang Seng's respective declines of 1%/2%. In terms of industry performance: E-commerce/search and advertising +3% > Culture and entertainment -1% > Lifestyle services/games/social networking -3% > Education -9% > OTA -10%. In terms of individual stock performance, Joyy (+11%)/Zhiwen (+10%)/Yeahka (+10%)/Alibaba (+10%)/Dada (+5%) had the highest gains. Tuhu (-27%)/Youdao (-21%)/Shunfeng Express (-20%
Top Gap Ups and Downs on Thursday: META, TM, APD and More
6-K: Report of foreign private issuer (related to financial reporting)
JD.com Group-SW (09618.HK) will hold a board of directors meeting on August 14 to approve the mid-year performance.
JD.com Group-SW (09618.HK) announced that the board of directors will hold a meeting on August 14, 2024 to approve various matters, including the unaudited financial performance and announcement for the three and six months ending June 30, 2024 (interim performance report for 2024). The company will upload the interim performance report for 2024 to the Hong Kong Stock Exchange after the close of trading on August 15, 2024 and before the opening of the US market.
Express News | JD.com to Report Second Quarter and Interim 2024 Financial Results on August 15, 2024
DATE OF BOARD MEETING
Top Gap Ups and Downs on Wednesday: MUFG, SMFG, MO and More
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
Anti-counterfeiting advocate Wang Hai claimed that Rui Wei cosmetic illegally added preservatives. The official response was that no relevant components were detected.
On the afternoon of July 31st, Wang Hai, a professional anti-counterfeiting activist, posted on Weibo saying that RNW, such as Wei Whitening and Moisturizing Essence Oil, sold on platforms such as Taobao, JD.com, and PDD Holdings, illegally (concealed) added preservatives: ethyl p-hydroxybenzoate and sunscreen agent: avobenzone. He stated that according to Article 12 of the "Regulations on the Administration of Cosmetics Labels", all cosmetic ingredients should be listed on the visible surface of the sales package. The manufacturer of this product is Guangzhou Dongzhimeng Cosmetics Co., Ltd. This product not only illegally (concealed) adds preservatives, but also involves false advertising. For details, please refer to the store information of the product.
While Institutions Own 38% of JD.com, Inc. (NASDAQ:JD), Retail Investors Are Its Largest Shareholders With 41% Ownership
China Unlikely to Consider Wider Rethink of Policy Direction
Top Gap Ups and Downs on Monday: TSLA, BABA, SNY and More
Chinese telecommunications and financial stocks are under pressure, and the Hang Seng Index is struggling to stay above the 17,000 mark.
On Thursday, the offshore RMB/USD exchange rate rose to around 7.2000, the strongest in two and a half months. After the Hong Kong stock market fell by 630 points in three days, it rebounded by more than 200 points this morning before falling back, eventually rising 28 points or 0.17% to 17,033 points for the half-day; the national index fell 4 points or 0.1% to 6,012 points; the Hang Seng Tech Index rose 22 points or 0.7% to 3,443 points. The technology index remained stable in the afternoon, with the best performing stock being Haier Smart Home (06690), up 5.7%. The central government's policy of subsidizing old-for-new appliances continues to stimulate home appliance stocks, such as JD.com (09618).
HKEX News: JD.com-SW(09618) rose more than 4% in the morning session. JD.com is actively participating in the promotion of the subsidy implementation of the old-for-new policy for home appliances.
JD.com-SW (09618) rose more than 4% in early trading. As of press time, it has risen by 4.33% to HKD 103.6, with a turnover of HKD 0.155 billion.
JD.com Options Spot-On: On July 25th, 79,186 Contracts Were Traded, With 1.02 Million Open Interest
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
Apollo Global Near £2.7B Deal for Parcel Delivery Firm Evri - Sky News