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.
Express News | Before november 11 shopping festival-related, jd.com will have a limited time and quantity price reduction promotion.
Futu Morning Post | Hang Seng Index's annual increase shines globally! Chinese stocks and funds are soaring overseas; Goldman Sachs cheers 'overweight' Chinese stock market! Can rise another 15%-18%.
Wall Street analysts are calling out: buying China is the most important market call right now, the csi 300 index could hit 6000 points within a year! Chen Maobo: Hong Kong's market cap has risen to 39.4 trillion Hong Kong dollars, expecting many companies to expedite their listing process in Hong Kong; With the "star effect" from Wall Street, the "China Dragon" etf is about to directly confront the seven giants of the US stock market.
Express News | The head of the National Energy Administration went to Brazil to attend the G20 Energy Transition Ministers' Meeting.
China's assets are experiencing a highlight moment, with the Golden Dragon Index rising nearly 12% this week! Institutions expect a sustainable momentum to form.
①The hang seng china enterprises index rose by 3.06%, closing at a new high in two and a half years, rebounding by 36% since the September bottom, with most of the gains occurring after September 24; ②In the US stock market, Alibaba rose by 6.71% this week, while jd.com rose by 17.72%, supporting a cumulative 11.85% increase in the nasdaq China Golden Dragon Index.
JD.com Options Spot-On: On October 4th, 271.36K Contracts Were Traded, With 1.71 Million Open Interest
On October 4th ET, $JD.com(JD.US)$ had active options trading, with a total trading volume of 271.36K options for the day, of which put options accounted for 26.68% of the total transactions, and