Just now! China has taken action to strengthen export controls on dual-use items such as gallium, germanium, antimony, and related items to the usa.
Source: Securities Times, December 3, the Ministry of Commerce released a notice on strengthening export control of relevant dual-use items to the usa, effective from the date of announcement. The notice states that in accordance with the provisions of the "Export Control Law of the People's Republic of China" and other laws and regulations, in order to maintain national security and interests and fulfill international obligations regarding diffusion, it has been decided to strengthen export control of relevant dual-use items to the usa. The relevant matters are announced as follows: 1. Export of dual-use items to military users or for military purposes in the usa is prohibited. 2. In principle, licenses will not be granted for the export of gallium, germanium, antimony, and related dual-use items to the usa; for graphite dual-use items exported to the usa, control will be implemented.
[Brokerage Focus] Haitong Int'l maintains jd.com (09618) 'outperform the market' rating, bullish on consumer goods, expecting 'trade-in old for new' to drive revenue and sustain prosperity.
Golden Monkey Financial News | Haitong Int'l pointed out that JD.com Group (09618) achieved revenue of 260.4 billion yuan in Q3 2024, a year-on-year increase of 5.1%; Non-GAAP net income reached 13.2 billion yuan, a year-on-year increase of 23.9%, bullish on consumer goods' "trade-in" driving continued income prosperity. The bank indicated that in Q3 2024, the number of active users and user shopping frequency maintained double-digit year-on-year growth for three consecutive quarters; merchant orders grew rapidly, with the number of third-party merchant transaction users in the third quarter increasing by more than 20% year-on-year, and order volume increasing by more than 30% year-on-year; Q3 2024 direct sales revenue was 204.6 billion yuan, remaining stable, among which
Hong Kong stock market midday review | The three major indexes rebounded after testing the lows, with the Hang Seng Index rising by 0.36%; biomedical stocks were strong, with Global New Materials up over 11% and wuxi apptec up over 5%.
Network technology stocks showed mixed performance, with Bilibili-W up 2.39% and Meituan-W down 2.33%; semiconductor stocks generally fell, with Ingdan dropping 3.70% and Solomon Systech down 2.04%; electrical utilities stocks strengthened, with CGN Power up 3.09% and CKI Holdings up 3.08%.
[Brokerage Focus] Southwest Securities maintains a "buy" rating on jd.com (09618), indicating a significant improvement in jd.com logistics profit margin.
King's Finance News | Southwest Securities issued a research report, jd.com Group (09618) achieved revenue of 260.4 billion yuan in 24Q3 (yoy +5.1%), Non-GAAP operating profit of 13.1 billion yuan (yoy +17.9%), Non-GAAP net income attributable to mother of 13.2 billion yuan (yoy +23.9%), jd.com Retail operating margin is 5.2%, flat year-on-year, sequentially increased by 1.3pp; as of the end of September 24, TTM free cash flow was 33.6 billion yuan, a decrease of 22 billion yuan from the end of June 24, a decrease of 5% year-on-year.
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Express News | Changhong has added two new AI TVs.
U.S. stock market anomaly ǀ jd.com rose more than 1% before the bell, and institutions are bullish on its performance afterwards.
GeLongHui Dec 2|JD.com (JD.US) pre-market rose by 1.5%, closing at $37.94. Bocom Intl released a report stating that JD.com's third-quarter revenue in 2024 met expectations, with profits exceeding expectations. Looking ahead to the fourth quarter, the bank expects a 5.7% year-on-year increase in revenue, with singles' day sales data better than expected. It is expected that the company's overall profit in 2024 will increase by 28% to 45 billion, a 5% upward revision from the bank's previous expectations, reflecting the bullish impact brought by the release of logistics profitability. (GeLongHui)
"Goldman Sachs" raised the rating of "JD Health" (06618.HK) to "buy" and lowered the rating of "Ali Health" (00241.HK) to "neutral".
Goldman Sachs has released research reports, considering that the online medical industry is benefiting from the increase in pharmaceutical penetration and policy support. Therefore, upon reevaluating stock selections, they have upgraded the rating of jd health (06618.HK) from "Neutral" to "Buy", and downgraded the rating of ali health (00241.HK) from "Buy" to "Neutral". This adjustment reflects that jd health has a superior position in prescription and over-the-counter pharmaceuticals, as well as online and offline integration compared to ali health. It is believed that with the expansion of online medical insurance claims, jd health will benefit more, and its profit margin may accelerate next year. Additionally, its current valuation level is more attractive, hence the corresponding target price has been raised from 28 yuan to 33.5 yuan.
JD.com Group - SW (09618.HK) 2024 Q3 financial report review: Performance exceeds expectations, 'Trade-in' program boosts consumer spending.
Item: In Q3 2024, jd.com achieved revenue of 260.39 billion yuan, a year-on-year increase of +5.1%; operating profit of 12.04 billion yuan, a year-on-year increase of +29.5%, with an operating profit margin of 4.6% (up +0.9pct year-on-year, up +1.0).
Hong Kong stock concept tracking | The country will increase the limit for incoming items through postal channels to 2000 yuan, and cross-border e-commerce will create new economic growth points (including concept stocks).
According to the Ministry of Finance, in accordance with the relevant provisions of the Customs Law of the People's Republic of China, with the approval of the State Council, the State Council Tariff Commission announced the "Measures for the Collection of Import Duties, Value-Added Tax, and Consumer Tax on Imported Goods".
Express News | Hong Kong technology index constituent stocks are strong, BYD Electronics surged more than 6%.
Cai Guanshen: The actual investment from the intent letter from North City still needs to be "calculated" and there must be confidence in Hong Kong.
The government signed a development memorandum of understanding with 85 companies in the northern metropolitan area. When interviewed by the newspaper, Tommy Cheung, the President of the Hong Kong General Chamber of Commerce, stated that the government's approach can help build confidence and atmosphere. As for specific investments in which projects, and how much to invest, it depends on planning, design, funding needs, etc., describing it as "counting". Tommy Cheung stated that the government does not dictate developers on what to do, but only creates conditions to make companies see potential business opportunities, and with government support, the effect may be better. He believes that whether things are "counted accurately" depends on short-term or long-term considerations, even if the current numbers may not be ideal, but in the long run, Hong Kong is considered as a favorable prospect.
JD.com Group-SW (9618.HK): In Q3 2024, non-GAAP net profit increased by 24% year-on-year, bullish on the consumer goods "trade-in for new" driving continued revenue prosperity.
jd.com announced its 2024 3Q24 performance report, achieving revenue of 260.4 billion yuan, a year-on-year growth of 5.1%; Non-GAAP net income reached 13.2 billion yuan, a year-on-year growth of 23.9%. Share buyback: 2
Here's Why JD.com (NASDAQ:JD) Has Caught The Eye Of Investors
Express News | The "worry-free price" is not worry-free, and the battle of instant retail is reignited.
JD.com Group - SW (09618.HK): Continuous expansion of categories, improvement in profit structure.
jd.com released its 2024Q3 financial performance report. In 2024Q3, jd.com recorded a revenue of 260.4 billion yuan, a year-on-year growth of 5.1%. From a group composition perspective, jd.com's retail/logistics/new business recorded revenues of 2250/44 billion yuan respectively.
Huaxi Securities: Maintains a "buy" rating for Bosideng. Sunscreen clothing, lightweight down jackets, and other new product categories have significantly increased store performance.
Huaxi released a research report stating that it maintains a "buy" rating for Bosideng (03998), analyzing that its future potential lies in: In the short term, the national temperature in November is relatively high, and there are concerns that this year's warm winter will affect the sales of down clothing. However, it can be observed that recent temperatures have drastically decreased, and the company has maintained a low initial order ratio in recent years. After the subsequent temperature drop, dealers can place rolling orders based on sales performance, allowing for timely and flexible replenishment through pull replenishment and quick response to small orders, etc. In the mid-term, the company continues to launch upgraded sunscreen clothing, lightweight down jackets, and innovative three-in-one jackets and goose down jackets, with ongoing innovation in new products, focusing on being.
According to reports, the chairman of Dada (DADA.US) has taken over the management of the jd.com express delivery business.
According to internal media reports, Guo Qing, chairman of jd.com (09618.HK) (JD.US) subsidiary dada nexus (DADA.US), has recently officially taken over the management of jd.com's instant delivery business. The former head of this business, Li Changming, general manager of jd.com Daojia, has been reassigned to the newly established dada nexus business department, responsible for strategic customer development. In addition, Yang Wenjie, who reportedly served as the general manager of Meituan (03690.HK)'s food delivery business development department, has also joined dada nexus and serves as the head of the dada instant delivery business. Official information indicates that dada nexus fully integrated into the jd.com ecosystem in May this year, launching a new brand image called "jd.com Instant Delivery".
Daily Bull and Bear | The Hang Seng Index futures closed at 19,455 points, with an inflow of 61 million HKD in net long positions yesterday! HSBC: Meituan will announce results today, pay attention to related warrants.
As of the close, the Stock Market had a turnover of 108.2 billion Hong Kong dollars; the total turnover of all Warrants amounted to 11.8 billion Hong Kong dollars, accounting for 10.9% of the market turnover, with a 6.9% proportion of Bullish Warrants and a 4.1% proportion of Bearish Warrants.