Understanding the Market | JD Group-SW rose over 4%, set to release first-quarter results tomorrow, institutions expect its growth momentum to continue in the first quarter
JD.com-SW rose over 4%, as of the time of writing, up 4.18%, priced at HKD 137, with a transaction volume of HKD 1.439 billion. In terms of news, JD.com will release its first-quarter results after the Hong Kong stock market closes on May 13. Tianfeng Securities expects that JD.com's revenue in Q1 2025 will increase by 11.9% year-on-year to CNY 291 billion, with steady revenue growth mainly due to: 1) Overall, the implementation of policies stimulates consumer sentiment, and terminal consumption is expected to stabilize and rebound; 2) By category, JD.com's core categories such as 3C and home appliances are driven by the national subsidy policy for trade-ins, while daily necessities are entering a virtuous growth channel under the prosperity of the 3P ecosystem. The firm believes that with the company's strong supply chain capabilities and internal efficiency optimization, as the macro economy improves, resident consumption demand may gradually be released, driving the company's performance positively
According to Zhitong Finance APP, JD Group-SW (09618) rose over 4%, up 4.18% as of the time of writing, priced at HKD 137, with a transaction volume of HKD 1.439 billion.
In terms of news, JD will release its first-quarter results after the Hong Kong stock market closes on May 13. Tianfeng Securities expects JD Group's Q1 2025 revenue to increase by 11.9% year-on-year to RMB 291 billion, with steady revenue growth mainly due to: 1) Overall, the implementation of policies stimulates consumer sentiment, and terminal consumption is expected to stabilize and rebound; 2) By category, JD's core categories such as 3C and home appliances are driven by the national subsidy policy for old-for-new exchanges, while daily necessities are entering a virtuous growth channel under the prosperity of the 3P ecosystem. The firm believes that with the company's strong supply chain capabilities and internal efficiency optimization, as the macro economy improves, resident consumption demand may gradually be released, driving the company's performance positively
