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JD.com Newsroom
Macquarie Maintains JD.com(JD.US) With Buy Rating, Raises Target Price to $59
jd.com (09618) turned from decline to rise, with Mizuho raising its target price by 33.76%, indicating that it will benefit from the policy of trading in old for new.
Jingu Wealth News | jd.com (09618) has turned from a decline to an increase. As of the press time, it rose by 1.04% to HK$184.7, with a turnover of 2.752 billion Hong Kong dollars. According to media reports, JD Retail recently held an internal emergency meeting, planning to launch the limited-time and limited-quantity price reduction play called 'Dark Month, Strong Wind', led by JD's founder and director, Chairman Liu Qiangdong and his team in 2004, starting tomorrow (8th). The coverage of goods and the intensity of price reduction will be the largest investment throughout the year. It is reported that JD's 'Dark Month, Strong Wind' launched on the eve of Singles' Day sales will offer unprecedented varieties of commodities and inventory to meet consumers' expectations, aiming to let consumers
Daiwa raised jd.com's target price to HK$210, with further potential for valuation reassessment.
Daiwa's report states that there is a huge room for re-rating potential for jd.com (09618.HK) and believes that the company will benefit from the policy of trading in old for new. The firm reiterated a buy rating for jd.com, with the target price raised from 157 Hong Kong dollars to 210 Hong Kong dollars, equivalent to a forecast pe ratio of 9 times (previously 6 times); taking into account the increased consumer spending due to the wealth effect, raising the transaction amount of commodities from 2025 to 2026, increasing the earnings per share forecast for the same period by 6% to 7% to reflect operational leverage and lower-than-expected marketing expenses.
JD.com Options Spot-On: On October 4th, 271.36K Contracts Were Traded, With 1.71 Million Open Interest
Looking At JD.com's Recent Unusual Options Activity
What Investors Should Know About BingEx's IPO
Today's Analyst Rating | Tesla Price Target Raised to $130 by J.P. Morgan, Alibaba Price Target Raised to $134 by HSBC
Hong Kong Stocks End Week Higher as Tech Counters Rally
Express News | Ishares MSCI China ETF up 4.6%, Ishares China Large Cap ETF up 4.1%, Kraneshares CSI China Internet ETF up 4.8%
Express News | JD.com up 5.8%, Li Auto up 5.4%, NIO up 3.7%, Xpeng up 4%
Express News | Alibaba up 4%, PDD Holdings up 3.8%, NetEase up 2.5%, Baidu up 4%
Express News | U.S.-Listed Shares of Chinese Firms Rise Premarket as Hong Kong Stocks Close up Nearly 3%
US MOVERS&SHAKERS Sep 30-Oct 04, 2024
Will the sharp rise of Chinese concepts continue? Morgan Stanley: Recent surge driven by new bids, if short positions cover, it will push the upward trend.
Recent gains in China's technology stocks have been driven by new bids, and if short positions are covered, this is expected to further boost the upward trend.
jd.com (09618) rose by 6.46%. It previously announced that it will further expand its presence in the Hong Kong market, with an initial investment of 1.5 billion yuan.
Kingold Financial News | jd.com (09618) has been strong and volatile, up 6.46% as of press time, at 181.4 Hong Kong dollars, with a turnover of 3.021 billion Hong Kong dollars. In terms of news, the company recently announced plans to further strengthen its presence in the Hong Kong market, initially investing 1.5 billion yuan (the same below), with no cap in the long term. The investment will mainly be used for commodity price subsidies, logistics subsidies, and service optimization. At the same time, jd.com has also launched a self-operated service for Hong Kong users, offering free delivery for orders over 299 yuan (free delivery for 10 kg), including a wide range of self-operated products such as electronics, home appliances, furniture, apparel, cosmetics, pet supplies, and more.
JD.com Options Spot-On: On October 3rd, 199.99K Contracts Were Traded, With 1.63 Million Open Interest
Alibaba, NIO, BYD Stocks Fall as China Rally Pauses
"China Dragon" ETF landed on Wall Street as the bull market returns, benchmarking the seven major ETFs in the US.
A new ETF called DRAG, "China Dragon", tracking the performance of major Chinese companies has landed on the US stock market. Its components currently include Tencent, Pinduoduo, Alibaba, Meituan, BYD, Xiaomi, JD.com, Baidu, and Netease. DRAG aims to track an equally weighted basket of stocks composed of the 5 to 10 largest and most innovative Chinese technology companies. This ETF will be rebalanced quarterly.
HSBC Maintains JD.com(JD.US) With Buy Rating, Raises Target Price to $53
Express News | Ishares MSCI China ETF Down 3.9%, Ishares China Large Cap ETF Down 3.8%, Kraneshares CSI China Internet ETF Down 4.8%