Major banks rating丨UBS Group: Reiterates JD.com as the top pick in the domestic e-commerce Sector with a Target Price of 64 USD.

Gelonghui, January 14 | UBS Group published a research report indicating that since China launched the appliance replacement subsidy policy at the end of August last year, Consumer sentiment has gradually stabilized in the fourth quarter. Due to JD.com accounting for 60% of the GMV in the appliance and 3C electronics sectors, its performance should be better than the Industry and China Retail Trade. UBS Group pointed out that by 2025, the extension of the replacement subsidy and the expansion of categories should alleviate market concerns about JD.com's revenue growth this year, and there is still room for improvement in the penetration rate of consumers and categories. The firm reaffirmed JD.com as the preferred stock in the domestic e-commerce Sector, considering the low market expectations, reasonable valuations, and macroeconomic stimulus measures.

Gelonghui Finance13:20 · Ratings

Hong Kong stock movement | JD-SW (09618) rose over 3% before noon. The related policies for the 25-year old-for-new program can alleviate market concerns about the company's revenue growth.

JD-SW (09618) rose over 3% before noon, and as of the time of writing, it is up 3.57%, priced at 133.6 Hong Kong dollars, with a transaction volume of 0.407 billion Hong Kong dollars.

Zhitong Finance11:42

DBS Maintains JD.com(JD.US) With Buy Rating, Cuts Target Price to $47

Futu News09:32 · Ratings

Express News | Li Bo, Vice President of JD.com, stated that by 2025, JD.com Payment will invest 1 billion yuan in marketing expenses.

BreakingsJan 13 14:46

JD.com's Logistic Unit Dada Likely to Meet Expectations for 4Q -- Market Talk

WSJJan 13 12:55

Michael Burry's Hedge Fund Could Soar If China Cuts Interest Rates in 2025

BenzingaJan 12 03:00