MB-JDHI@EC2609B

JD Instant Medication Delivery Business Surpasses Expectations

HSBC Raises Target Prices for JD Health and Alibaba Health

CLSA Raises JD Health's Target Price and Profit Forecast

JD Health Inspection Center Aims to Establish a Professional 'Third Pole' in China's Health Check Industry

JD Health Launches the 2.0 Version of JD ZHUOYI

JD Health Unveils AI-driven Clinical Nutrition Management Solution

JD Health Builds AI Health Service Matrix, Launches Over 1,500 AI Expert Doctor Intelligent Bodies

JD Health Launches Evidence-based Medicine AI Product 'Zhiyi'

JD Health Deepens Cooperation with Haleon to Expand Health Services

JD Health Announces Increased Investment in Medical Devices Sector

JD Health Strengthens Specialty Disease System Construction, Offers One-stop Closed-loop Services

Huatai Securities Upgrades Jingdong Health's Profit Forecast and Maintains Buy Rating

JD Health International Sees 3.0% Stock Price Increase, Equity Structure Shows Potential Risks

Nomura expects JD Health's 2025 H2 performance to exceed market expectations

CICC Upgrades JD Health's Revenue and Profit Forecast and Maintains Outperform Industry Rating

JD Health Launches Billion-Yuan Brand Alliance for Digital Upgrade of Corporate Health Consumption Market

JD Health Announces New Progress in Tumor Prevention and Treatment with Medical Large Models

Morningstar Maintains JD Health's Valuation at HKD 58

JD Health deepens cooperation with Lau Shing to improve logistics efficiency

JD Health Signs Cooperation Agreement with Wuhan University People's Hospital

STARCOIN GROUP

GUANZE MEDICAL

TIMES UNI GP

PCPD

HUILI RES

MANY IDEA CLOUD

SILKWAVE INC

WALNUT CAP

HUAYUEXPRESSWAY

HING LEE (HK)

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Since the launch of JD.com’s "Double Hundred Plan," it has helped nearly 400 restaurant brands exceed one million orders, doubling compared to six months ago. Brands like MIXUE Ice City and Luckin Coffee have even surpassed 200 million orders. JD.com’s food delivery service will upgrade this plan by introducing an innovative consignment model, where merchants only need to supply goods, while the platform fully manages marketing and operations, aiming to reduce costs and enhance merchants' orders and profits

AASTOCKS

Tianhong CSI Food and Beverage ETF

China Merchants Guozheng Food and Beverage ETF

JD.com

Hwabao WP CSI Food & Beverage Sub-Industry ETF

MIXUE GROUP

JD LOGISTICS

JD-SW

JD HEALTH

First Trust NASDAQ Food & Beverage

KraneShares 2x Long JD Daily ETF

Invesco Food & Beverage ETF

ChinaAMC CSI Food & Beverage Sub-Industry ETF

AdvisorShares Restaurant ETF

Luckin Coffee

JD.com’s “Double Hundred Plan” helps nearly 400 catering brands achieve order volumes exceeding one million

BKKT

GLXY

BLCN

China's recent cryptocurrency regulations, particularly Document No. 42 and CSRC Document No. 1, are seen as a mixed blessing. While they enhance regulatory clarity and address specific issues in the crypto sector, the overall benefits are limited. The regulations allow for the issuance of security tokens overseas, providing opportunities for companies like Ant Group and JD.com in the stablecoin market. However, the issuance of RMB-pegged stablecoins remains contingent on regulatory approval. The evolving landscape indicates a significant focus on Real-World Asset Tokenization (RWA) and its implications for the future of blockchain technology.

- The resurgence of interest in stablecoins is noted among financial institutions following regulatory updates from the People's Bank of China and CSRC.  
- Document No. 42 emphasizes stringent regulations on virtual currencies while allowing certain exceptions for stablecoin issuance subject to approval, indicating cautious optimism for the market.  
- Despite progress, challenges remain in areas such as liquidity for RWA projects and the need for compliant infrastructure, suggesting a "wait and see" approach for businesses looking to engage in this evolving landscape.

CoinLive

Bakkt

Galaxy Digital

Siren ETF Trust Siren Nasdaq NexGen Economy ETF

CoinShares Bitcoin ETF

American Bitcoin

Mara

Grayscale Bitcoin Trust BTC - ETF

Bitwise Solana Staking ETF

Circle

ARK 21Shares Bitcoin ETF

iShares Bitcoin Trust ETF

WisdomTree Bitcoin Fund

Bitdeer Tech

Hut 8 Mining

Franklin Bitcoin ETF

Bitwise Bitcoin ETF

VanEck Bitcoin ETF

Riot Platforms

Bitfarms Canada

Fidelity Wise Origin Bitcoin Fund - ETF

Invesco Galaxy Bitcoin ETF

Coinbase

CleanSpark

Core Scientific, Inc.

ProShares Bitcoin Strategy ETF

Amplify Transform Data Sharing ETF

Are China's new cryptocurrency regulations a boon or a bane?

09961

TCOM

The Beijing Municipal Administration for Market Regulation has conducted interviews with 12 major online ticket platforms, including Ctrip and JD.com, to address irregularities in online train ticket sales. Regulators have mandated these platforms to stop misleading promotions and ensure clear pricing, while also cracking down on illegal practices like fraudulent ticket grabbing to protect consumer rights.

- The Beijing Municipal Administration for Market Regulation held interviews with 12 major online ticket-selling platforms to discuss irregularities in online train ticket sales.  
- Regulators mandated the prohibition of misleading promotions and the removal of products suspected of false advertising, while emphasizing price transparency.  
- Authorities plan to enhance enforcement against illegal practices and promote standardization to protect consumers' rights in the ticketing industry.

动点科技英文源

TRIP.COM-S

Trip.com

China tightens oversight of online ticket platforms, targets paid priority purchase claims

JD.com Inc. has launched JoyExpress, an express delivery service in Europe, initially supporting its Joybuy online retail business. The service will offer same-day and next-day delivery in major cities across the UK, Germany, the Netherlands, and France, utilizing a fleet of branded vehicles from over 60 warehouses. JoyExpress aims to enhance JD.com's logistics infrastructure in Europe and plans to extend services to additional partners in the future.

- JD.com Inc. has launched JoyExpress, an express delivery service expanding its operations into Europe, starting with support for its Joybuy online retail business.  
- The service, which will provide same-day and next-day delivery in major cities like the UK, Germany, the Netherlands, and France, utilizes advanced logistics technology and a fleet of branded vehicles.  
- This expansion represents a significant investment in European logistics infrastructure, with future plans to extend JoyExpress services to additional partners.

Reuters

JD.com Launches JoyExpress Delivery Service in Europe

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00241

HSBC's research report pointed out that JD HEALTH and ALI HEALTH saw significant growth in drug sales last year. The target price for JD HEALTH has been raised to 77.5 yuan, maintaining a "Buy" rating. The target price for ALI HEALTH has been raised to 6.5 yuan, maintaining a "Hold" rating. It is expected that online drug sales growth will gradually return to normalization, but the structural trend of prescription outflow will support continued growth in online channels

Guotai SSE STAR Brand Name Drug ETF

ALI HEALTH

"Large Banks" Huizheng: Online drug purchase market share continues to expand, JD HEALTH target price raised to 77.5 yuan

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Donghua Medical Technology recently signed a strategic cooperation agreement with JD HEALTH's Beijing JD Health. The two parties will focus on the intelligent construction and digital upgrade of hospitals, integrating their respective core advantages in medical information technology, artificial intelligence, and pharmaceutical supply chain, to jointly create a new generation of "AI + Supply Chain" integrated solutions, promoting innovation in medical service models and enhancing operational capabilities

ChinaAMC CSI All Share Health Care Devices ETF

China Universal 800 Health Care ETF

E Fund CSI 300 Health Care ETF

DHCC

Dacheng CSI All Share Health Care Equipment and Services ETF

China Merchants CSI All Share Medical Apparatus and Instruments ETF

Maxwealth CSI All Share Medical Apparatus and Instruments ETF

ChinaAMC SSE Health Care ETF Initiating Fund

JD HEALTH partners with DHCC to create AI supply chain solutions

03033

520670

Hong Kong's leading technology stocks experienced a downturn, with Baidudropping over 4%. According to Jin10, JD Healthand Alibababoth fell more than 3%, while other stocks such as Kuaishou, Bilibili, NetEase-S, and JD.comalso followed suit with declines. The market sentiment reflects broader concerns impacting tech stocks in the region.

CSOP HS TECH

Harvest Hang Seng SCHK Technology ETF

Alibaba

BILIBILI-W

BABA-W

Bilibili

KUAISHOU-W

BIDU-SW

Baidu

Hong Kong Tech Stocks Decline Amid Market Weakness

MPNGY

03690

Meituan is acquiring Dingdong’s grocery retail business through its subsidiary, Two Hearts Investments Limited, for approximately RMB1,644.79 million. Post-transaction, Dingdong will become an indirect wholly-owned subsidiary of Meituan, with its financial results consolidated into Meituan’s group statements. The Board considers the acquisition fair, reasonable, and aligned with strategic interests.

- Meituan is acquiring all issued shares of a target company through its subsidiary, Two Hearts Investments Limited, for approximately RMB 1,644.79 million.  
- Following the acquisition, the target will become an indirect wholly-owned subsidiary, and its financial results will be integrated into Meituan’s group financial statements.  
- The Board of Meituan views the acquisition as fair and aligning with the company's strategic interests.

DingDong

Meituan

MEITUAN

Meituan Acquires Dingdong’s Grocery Retail Business

562700

Hong Kong stocks fell first and then rose today, with the Hang Seng Index closing up 37 points at 26,885 points. The National Index and the Hang Seng Tech Index rose by 44 points and 39 points, respectively. Technology stocks showed mixed performance, with Tencent slightly down 0.1% and Baidu's stock price rising 2.7%. Meituan and JD.com rose by 1.8% and 0.8%, respectively. Commodity stocks generally declined, with China Silver and China Gold International falling by 6% and 5.6%, respectively. The total market turnover was HKD 315.112 billion

ChinaAMC CSI Auto Components Thematic ETF

Ping An CSI Auto Components Thematic ETF

E Fund CSI Auto Components Thematic ETF

TENCENT

FL2 CSOP HSI

HFT CSI Auto Components Thematic ETF

Guotai CSI 800 Automobile and Parts ETF

FI2 CSOP HSI

"Hong Kong Stocks" The Hang Seng Index rose by 37 points, with automotive and consumer stocks increasing while commodity stocks declined

36Kr learned that recently, JD's Qixian Kitchen became the first officially registered online dining service specifically for the elderly in Beijing. Some stores have also launched an "Elderly Zone" to provide healthier and more convenient dining options for seniors. The Longtan Street in Dongcheng District, Beijing, has also innovatively created a full-chain elderly dining service using JD Qixian Kitchen's first store nationwide as a platform, establishing a "15-minute elderly dining service circle."

36Kr

Seven Fresh Kitchen becomes the first officially registered online elderly meal service point in Beijing

EBIZ

IBUY

ONLN

Bank of America Securities expects JD.com's revenue for the fourth quarter of last year to be RMB 356 billion, a year-on-year increase of 2.6%. Direct sales revenue is expected to decline by 3.1%, mainly affected by a decrease in sales of home appliances and electronic products. The loss from new businesses is expected to be RMB 14.9 billion, narrowing compared to the third quarter. The overall non-GAAP net profit is expected to be RMB 900 million, exceeding market expectations. The target price has been lowered from HKD 149 to HKD 141, reiterating a "Buy" rating

Global X E-commerce ETF

Amplify Online Retail ETF

VanEck Retail ETF

ProShares Online Retail

According to Bank of America Securities, JD.com is expected to see a narrowing of losses in its new business last quarter, lowering the target price to 141 yuan

JD Group -SW (9618.HK) has recently shown a weak oscillating pattern in its stock price, with the daily K-line indicating three consecutive bearish candles. During the trading session, there has been a continuous decrease in volume, gradually approaching the previous important support area. From the moving average structure, the 5-day and 10-day moving averages have crossed below the 20-day moving average, forming a clear death cross, and the MACD green bars continue, indicating a sustained bearish dominance. The trading volume is sluggish, reflecting a clear market wait-and-see attitude and divergent sentiment among investors. Due to industry profit pressures and a slower-than-expected consumer recovery, JD's short-term fundamentals are unlikely to see significant catalysts. Growth in the e-commerce sector is slowing, and the impact of promotional activities on performance is limited, leading the market to maintain conservative expectations for the company's future profit growth. Additionally, under the global high-interest-rate environment and fluctuations in the RMB, the willingness of capital to flow into the Hong Kong stock technology and consumer sector has weakened, putting overall pressure on the industry's capital situation, with JD being the most affected. Continuous small outflows of northbound funds and ETFs have also dampened market confidence. 

Technically, JD is currently oscillating around the HKD 180 mark, with some main funds entering for defense, but the characteristics of stock game are evident, lacking sustained proactive buying. If the stock price stabilizes at the HKD 180 support today and shows moderate volume increase, it may attract attention from funds looking for a rebound after a sharp decline. However, if it continues to decrease in volume and breaks below key support, there is a risk of further decline to the HKD 160-170 range. 

In terms of operational advice, investors should pay attention to the volume-price coordination during the trading session and the testing of support ranges. If there are signals of significant capital movement and volume increase, short-term rebound opportunities may be considered, but position sizes should be controlled with strict stop-loss measures

- JD Group's stock price is currently showing a weak oscillating pattern, approaching key support zones.  
- The company faces profitability pressures and lower-than-expected consumer recovery, limiting potential catalysts for improvement in the short term.  
- Investors are advised to monitor trading volume and support levels, as a stabilizing price may attract buying interest, while continued declines could lead to further risks.

Technical Forecast

Morning Trend | JD continues to decline with reduced volume, is the support critical point about to change?

$XTALPI(02228.HK) Goldman Sachs launched the &#34;China AI Healthcare Index&#34; today, with Pharmaron as the top-weighted stock $ALI HEALTH(00241.HK)$JD HEALTH(06618.HK)$PA GOODDOCTOR(01833.HK)$YIDU TECH(02158.HK)$MircroPort Medbot-B(02252.HK)

MB-JDHI@EC2609B(19453.HK)

JD.com’s “Double Hundred Plan” helps nearly 400 catering brands achieve order volumes exceeding one million

Are China's new cryptocurrency regulations a boon or a bane?

China tightens oversight of online ticket platforms, targets paid priority purchase claims

JD.com Launches JoyExpress Delivery Service in Europe

"Large Banks" Huizheng: Online drug purchase market share continues to expand, JD HEALTH target price raised to 77.5 yuan