JP#JDCOMRC2612A.C (67330) News

Michael Burry, famed for his bearish bet against the housing market, turns bullish on Hong Kong equities: With AI hype cooling off, Hong Kong stocks now represent a valuation trough—an ideal opportunity to buy the dip. He has already increased his stake i

A long-short battle, epitomized by Michael Burry, is unfolding in the Hong Kong stock market, with bullish sentiment continuing to gather momentum. Michael Burry, the investor who gained fame for accurately predicting the 2008 U.S. subprime mortgage crisis and whose story inspired the film 'The Big Short,' recently stated publicly that now is an "excellent time" to hunt for undervalued stocks in the Hong Kong market. His bullish thesis is based on the expectation that the global AI chip stock rally will cool down, prompting capital to flow out of South Korea, Japan, and the semiconductor sector in search of valuation discounts. Meanwhile, Wang Yajun, Head of Asian Equity Capital Markets at Goldman Sachs, also noted

wallstreetcnJul 17 15:55

WAIC 2026 Opens: AI Flourishes with Hundreds of Global Debuts and Premieres, and Over 300 Humanoid Robots Compete on Stage

① Over 4,400 exhibits were showcased, featuring 349 debut projects and 201 world premieres. ② The embodied intelligence segment attracted intense competition, with more than 200 manufacturers presenting 208 models and over 300 humanoid robots on stage, alongside more than 100 types of intelligent terminals and 261 large-scale AI models.

cls.cnJul 17 22:30

Express News | JD.com: Investing over RMB 10 billion annually to provide full-time delivery riders, couriers, and other staff with statutory social insurance and housing provident fund contributions.

BreakingsJul 17 09:21

On-device AI centralized filing and ecosystem integration between JD.com and Tencent mark a scaling inflection point for consumer-grade AI

Gelonghui, July 17 — On July 15, two significant developments were implemented in China’s consumer-grade artificial intelligence sector. The Cyberspace Administration of China officially published the filing information for seven on-device generative AI services for mobile phones, including products from leading terminal brands such as Apple, Huawei, OPPO, and vivo. This marks the formal entry of on-device generative AI services into a phase of compliant operations, with their application scope set to expand gradually from pilot programs to large-scale deployment. On the same day, JD.com and Tencent jointly announced the integration of JD.com’s AI Agent (Intelligent Assistant) with Tencent’s Yuanbao within the mini-program ecosystem, connecting end-to-end e-commerce service capabilities into conversational AI through an A2A (Agent-to-Agent) model.

Gelonghui FinanceJul 17 08:09

World's third most powerful, with 'fable-level immersion'! Kimi K3 with 2.8 trillion parameters sets a new open-source record

In evaluations, Kimi K3's overall intelligence level is close to that of the world's leading closed-source models. According to GDPval-AA v2 data on knowledge work benchmarks, Kimi K3 scored higher than Claude Opus 4.8 Max, ranking just behind Claude Fable 5 Max and GPT-5.6 Sol Max. Prior to the model's official release under an open-weights license, reports indicated that Moonshot AI internally regarded it as a key product targeting Anthropic's latest flagship model, Claude Opus 4.8.

wallstreetcnJul 17 06:40

Jingmai AI Business Center Launches: Opens Access to 22 Core AI Tools

Sina Technology News, July 16 (afternoon): JD.com recently announced the official launch of Jingmai AI Business Center, building a new business ecosystem powered by AI as its foundational engine, integrating tool empowerment, expert advisory services, and intelligent automation. The company has fully opened access to 22 core AI tools for merchants. A spokesperson from JD.com’s Jingmai team stated that the Jingmai AI Business Center is a one-stop AI-powered business aggregation platform exclusively designed for merchants. Unlike existing industry offerings—such as standalone AI image generation or copywriting tools that operate in silos—the Jingmai AI Business Center leverages core technologies including multi-Agent collaboration, AI-to-AI (A2A) intelligent integration, and natural language interaction to help

Sina TechnologyJul 16 17:09

Citi expects JD.com (09618.HK) Q2 revenue to decline by 4% and has lowered its adjusted profit forecasts for this year and next.

Lyon published a research report stating that JD.com's (09618.HK) second-quarter 2026 earnings are expected to be impacted by a high base effect and weak consumer demand, with total revenue projected to decline by 3.9% year-over-year to RMB 342.6 billion. Electronics sales are forecast to drop approximately 14% year-over-year, while general merchandise sales growth is expected to slow to around 4%. Smartphone sales will see the steepest decline, as a sharp rise in memory prices has pushed smartphone prices up by roughly 20%, dampening demand. JD Retail’s revenue is anticipated to fall 5.5% year-over-year. The firm forecasts that JD’s on-demand delivery (waimai) business will narrow its second-quarter losses to approximately RMB 6 billion, with an average daily order volume of around 12 million orders and a loss per order of

AASTOCKSJul 16 12:07

Hong Kong-listed tech giants may be entering a golden period for 'catch-up gains'! Institutions say portfolio rebalancing is driving the rebound.

① How long can the rally driven by 'capital reallocation' last? ② How do institutional investors view the market outlook ahead?

cls.cnJul 16 11:53

Express News | National Copyright Administration: 12 online platforms pledge to rigorously remove pirated and infringing publications.

BreakingsJul 16 09:25

Multiple institutions expect JD.com's second-quarter Non-GAAP net profit to increase by 14% year-over-year.

Gelonghui, July 15 | JD.com (JD.US) rose 2.29% in pre-market trading to $29.50 per share. According to news reports, several institutions expect JD.com’s second-quarter non-GAAP net profit to increase by 14% year-over-year. Nomura, in a research report, forecasts JD.com's total revenue for the second quarter of this year to decline by 3% year-over-year to RMB 346.4 billion, which is 2% above market expectations; its non-GAAP net profit is projected to rise 14% year-over-year to RMB 8.46 billion, surpassing market expectations by 11%. The firm maintains its earnings forecast for JD.com’s fiscal year 2026 largely unchanged, keeps its “Buy” rating, and leaves its U.S.-listed stock price target unchanged at $41, still believing

Gelonghui FinanceJul 15 17:08

Hong Kong Stock Ratings Summary: Morgan Stanley upgraded Yangtze Optical Fibre and Cable to Overweight

Cailian Press will regularly compile ratings and target prices from various institutions for Hong Kong stocks.

cls.cnJul 15 15:15

Tencent Yuanbao has integrated with JD.com shopping, and Meituan is also undergoing gray-scale testing.

JD.com is the first e-commerce platform partner integrated with Yuanbao.

wallstreetcnJul 15 14:32

Tencent Yuanbao has integrated with JD.com's AI Agent to connect their mini-program ecosystems.

Corporate intelligence specialists at Caixin Tuya have learned that on July 15, Tencent announced that Yuanbao and JD.com’s AI Agent have completed integration within the mini-program ecosystem. Effective immediately, when users search for or inquire about product-related information within Yuanbao, they will receive rich content including product details, parameter comparisons, and usage recommendations. Additionally, responses will intelligently embed product cards that, when clicked, redirect users to JD.com’s shopping mini-program—enabling a seamless experience from 'information inquiry' to 'purchase order placement' directly within the conversational interface. Users can access this feature on both mobile and desktop devices by upgrading Yuanbao to the latest version and enabling Quick Thinking mode. It is reported that following this integration,

Caixin GraffitiJul 15 14:11

CMBI expects JD.com (09618.HK) to deliver second-quarter results better than the market's pessimistic expectations and maintains a 'Buy' rating.

CMB International published a report stating that it expects JD.com-SW (09618.HK) to deliver second-quarter results better than the market’s worst-case scenario. Total revenue for the quarter is projected to decline by 4.3% year-over-year to RMB 341.4 billion (hereinafter the same), primarily due to a high base effect and weak consumer sentiment, broadly in line with market expectations. Non-GAAP net profit is forecast to increase by 6% year-over-year to RMB 7.8 billion, approximately 2% above market consensus, mainly driven by a narrowing loss in its food delivery business. The firm noted that despite headwinds to revenue growth, core JD Retail segment revenue is expected to decline by 6.4% year-over-year in the second quarter, but

AASTOCKSJul 15 13:52

BofA Securities raises JD.com's (09618.HK) target price to HK$149, citing resilient profit performance amid macroeconomic headwinds in the second quarter.

Bank of America Securities issued a report noting that JD.com-SW (09618.HK) demonstrated resilient profitability in the second quarter amid macroeconomic headwinds. The firm forecasts JD.com’s total net revenue for the second quarter at RMB 345 billion (hereinafter the same), representing a 3.2% year-over-year decline, primarily reflecting the high base effect from last year’s ‘618’ promotional event driven by trade-in subsidies and weaker demand this year for smartphones and 3C products due to rising memory prices. The bank expects JD Retail’s revenue to decline 5.3% year-over-year to RMB 293 billion, while net service revenue is projected to grow 8% year-over-year. During the period, non-GAAP net profit is expected to increase 15% year-over-year to

AASTOCKSJul 15 13:30

Hong Kong Market Midday Review: Hang Seng Index opens higher and extends gains, up 1.46%; tech and internet stocks broadly rally, while pharmaceutical sector surges significantly

Gelonghui, July 15 — Hong Kong stocks opened higher and continued to rise in the morning session, with the Hang Seng Index up 1.46%, the Hang Seng China Enterprises Index gaining 1.16%, and the Hang Seng Tech Index climbing 1.39%. Heavyweight internet and tech stocks collectively rebounded, driving the broader market higher: Meituan rose nearly 5%, Tencent and Alibaba gained over 3% each, while JD.com and Baidu advanced more than 1%. Pharmaceutical stocks surged as the upcoming 15th Five-Year Plan offers comprehensive support for innovative drugs; Showa Denko (Zhao Yan New Drug) jumped over 21%, standing out notably. Meanwhile, AI large-model leaders Zhipu AI and MiniMax both rallied strongly. Separately, memory semiconductor stocks opened higher but pared gains, with GigaDevice falling over 3%, while gold and paper stocks...

Gelonghui FinanceJul 15 12:01

Daiwa Capital Markets slightly raised its target price for JD.com (09618.HK) to HK$108 and reiterated its 'Hold' rating, noting limited potential for significant revaluation.

Daiwa published a research report stating that JD.com (09618.HK) continues to face a challenging macroeconomic environment, which may weigh on its second-half outlook. However, the recent relaxation of restrictions under the government’s subsidy program is expected to support growth in electronics and home appliance sales, thereby boosting JD.com’s gross margin. Additionally, the losses from the company’s logistics business continue to narrow rapidly. Nevertheless, the firm believes that without clear signs of a consumer spending recovery, a significant re-rating of the stock price is unlikely. Daiwa has raised its EPS forecasts for JD.com for 2026–2028 by 3% to 11%, maintains a 'Hold' rating, but lowered the H-share target price from HK$10

AASTOCKSJul 15 11:43

JD.com-SW (9618.HK) Q2 2026 Earnings Preview: Profit Turning Point Expected in Q2; Revenue Likely to Return to Positive Growth in Q3

Key View: We expect JD.com's revenue and profit in Q2 2026 to broadly align with market consensus expectations, marking the realization of a core profitability inflection point. We forecast group-wide revenue to decline by 4% year-over-year to RMB 342.2 billion, representing a growth rate 2 percentage points higher than that of its retail segment.

CITIC SecuritiesJul 15 11:37

Insurers Can't Afford Payouts, Pet Owners Are Dissatisfied: The RMB 100 Billion Pet Insurance Market Grapples with 'Blind Box'-Style Veterinary Care—Can Standardization Break the Deadlock?

① The high degree of autonomy granted to pet hospitals in both diagnosis/treatment and pricing has led to inconsistent fee structures and instances of excessive treatment, complicating underwriting and claims processing for insurers. ② Promoting stable and reasonably reduced treatment costs not only lowers expenses for pet owners but also alleviates claims pressure on the insurance side, creating room for product optimization.

cls.cnJul 15 11:29

JD.com-SW (09618.HK) Q2 2026 Earnings Preview: High Base Effect from Government Subsidies Impacts Revenue Growth; Losses in Food Delivery Continue to Narrow

JD.com Q2 2026 Earnings Preview. We expect JD.com’s total revenue for the second quarter of 2026 to reach RMB 341.39 billion, down 4.3% year-over-year (compared to +4.9% in Q1 2026), with adjusted net profit of RMB 7.67 billion.

GF SecuritiesJul 15 00:00