JD - TechWire

2025.05.02

10:23

The Hang Seng Technology Index rose 3%, with Xpeng Motors (09868.HK) rising 5.28% to lead the constituent stocks, Xiaomi Group (01810.HK) rose 4.1%, Alibaba (09988.HK) rose 3.66%, and JD.com (09618.HK) rose 3.28%.

2025.04.30

22:52

Bing Liang approved as chairman of JD Insurance Agency Co., Ltd.

On April 30, the Beijing Financial Regulatory Bureau website published a reply approving Bing Liang's qualifications as the chairman of Jingdong Insurance Agency Co., Ltd. The company should strictly abide by the relevant regulatory provisions of the Financial Regulatory Bureau and make an appointment decision on the above-mentioned approved personnel within 2 months from the date of this administrative licensing decision. If the appointment is not made within the above-mentioned prescribed period, his qualifications will automatically become invalid.

18:19

Aolite: Wholly-owned subsidiary signs major contract worth RMB 655 million

Alight announced that its wholly-owned subsidiary Shanghai Shengxi Optoelectronics Technology Co., Ltd. signed a purchase contract with Chengdu BOE Display Technology Co., Ltd. to provide linear evaporation sources, with a contract amount of 655 million yuan (tax included). The contract came into effect on the effective date and will terminate after the rights and obligations of both parties are fulfilled. According to the contract requirements, the company will complete equipment delivery, arrival inspection, installation and commissioning, training, quality assurance and other related work. It is expected that the contract will have a positive impact on the performance of 2025 and 2026, but the possibility of delaying the time of revenue recognition cannot be ruled out.

15:30

BOE A: The adjustment of US tariff policy has limited direct impact on the company

BOE A said on the interactive platform that in response to the recent series of US tariff policy adjustments, considering that the company's direct exports to the US and direct imports from the US are relatively small, the direct impact on BOE is currently limited. The company will closely monitor the impact of the policy release on the global economy and trade fluctuations, actively formulate and adjust response strategies, evaluate the opportunities and challenges brought to the industry and industrial chain, and accelerate the development of market growth potential in the opportunity area.

15:27

BOE A stated on the interactive platform that the company has cooperated with Fuyao Group in the smart dimming glass business.

14:07

JD MALL accelerates offline layout: Nanjing store opens on May 1, followed by two stores in Beijing

JD Blackboard Newspaper announced that the JD MALL Nanjing Daming Road store will officially open on May 1, and the JD MALL Beijing South Third Ring Road store will also be grandly opened in mid-May. It is reported that there are 200+ first-line brands, 200,000+ products and 30+ theme experience areas here. JD MALL is committed to creating a new one-stop consumption space for home appliances and home furnishings to bring an immersive new experience of technological life. Among them, the JD MALL Beijing South Third Ring Road store will create the largest offline national subsidy experience store in Beijing. It is worth noting that the JD MALL Beijing Shuangjing store will also officially open during the 618 period.

10:46

Goldman Sachs: Give JD.com and Meituan a "buy" rating. The target price has significant upside potential after the competition landscape stabilizes.

Goldman Sachs published a research report stating that less than two months after JD.com launched its food delivery business, the growth rate of its food delivery orders exceeded expectations and has reached one-sixth of its peer Meituan's daily order volume. Goldman Sachs believes that JD.com's risk-return ratio is attractive, maintains its "buy" rating, and lists it on the convinced buy list. Goldman Sachs also gave Meituan a "buy" rating, believing that the valuation has an upward trend. Once the competitive landscape tends to stabilize, the target prices of both companies will have significant upside potential.

09:45

Meituan's (03690.HK) early trading gains narrowed from 1.74% to 1%, JD.com's (09618.HK) losses widened to nearly 1%, and rival Ele.me announced a subsidy of over 10 billion yuan to join the food delivery war.

04:19

Nasdaq China Golden Dragon Index fell 0.3% and Xpeng Motors fell more than 6%.

2025.04.29

18:15

Jingzhida: Signed a daily operating sales contract of 253 million yuan

Jingzhida announced that the company has signed a series of contracts with BOE's subsidiaries Chengdu BOE Display Technology Co., Ltd. and Chengdu BOE Optoelectronics Technology Co., Ltd., with a total contract value of RMB 253 million (tax included). The subject of the contract is the transformation service of signal generators, automatic flat panel display aging equipment, manual flat panel display aging equipment and automatic optical inspection machines. The contract performance period is in accordance with the agreement, and it is expected to have a positive impact on the company's operating performance in 2025 and 2026.

13:55

HSBC Holdings: Lowered JD.com's (JD.O) target price from $58 to $48.

10:02

Hong Kong's star technology and internet stocks collectively strengthened, with Alibaba Health (00241.HK) rising more than 5%, Meituan (03690.HK) and Bilibili (09626.HK) rising more than 3%, JD.com (09618.HK) and Ctrip Group-S (09961.HK) rising more than 2%.

08:18

CITIC Securities: It is expected that the competition landscape of the food delivery industry will stabilize, the market ecology will develop healthily, and the platform value is expected to be released in the long term

According to a research report by CITIC Securities, JD.com's recent high-profile growth in orders has sparked heated discussions. For the food delivery industry, competition will hopefully stimulate market vitality, drive major players to strengthen ecological construction, and have positive value for the development of the industry. From the perspective of the direction of competition, with the expansion of the scale of orders, competition will present an all-round and multi-factor situation. Reviewing the previous head-on collisions in the food delivery market, subsidies have a significant effect on the growth of orders in the short term, but they are not the deciding factor in the direction of competition. Multi-dimensional systemic variables such as delivery efficiency, merchant supply, user repurchase and frequency increase are more core. With the intensification of competition, the capital consumption borne by all parties may be unavoidable, which may disturb market sentiment in the short term. However, from a relatively long-term perspective, we expect the industry's competitive landscape to stabilize, the market ecology to develop benignly, and the platform value to be released in the long term.

2025.04.28

18:43

Wangfujing: 26 stores of the company's various formats across the country have been approved to carry out departure tax refund business

Wangfujing said on an interactive platform on April 28 that as of now, 26 stores under the company's various business formats across the country have been approved to carry out departure tax refund business, including Beijing Department Store, Beijing Dong'an Market, Wangfujing Outlets Beijing Xiangjiang Town, Beijing Yansha Outlets and other 10 stores have provided consumers with "buy now, refund now" service measures.

12:49

The courier revealed that he had worked at JD.com for 13 years and his total salary after tax exceeded one million yuan

A JD courier revealed that his after-tax income in his 13 years of work has reached over one million yuan, which has attracted the attention of netizens. On April 27, a 45-year-old JD courier in Anhui released a video saying that he had worked for JD for 13 years and his after-tax salary totaled more than 1 million yuan. The five social insurances and one housing fund payment base was 8,045 yuan, and he had never stopped paying or delayed his salary. The courier said, "JD has given us a decent life."

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