MBJDCOM@EC2607A

JD Robots See Surge in Searches and Orders During Chinese New Year Gala

JD Announces 1.3 Billion Yuan Investment in Employee Benefits and Five-Year Logistics Supply Chain Plan for Spring Festival

Glaxis Capital Management LLC Invests in JD.com

JD's Paris Warehouse Theft Case Solved, Majority of Stolen Goods Recovered

JD Announces $22 Billion Investment in 1.5 Million 'Brother's Home' Over the Next Five Years

JD.com and 11Street Establish Strategic Cooperation to Launch Reverse Cross-border E-commerce

JD Air Launches International Cargo Route from Chongqing to South Asia

JD Launches 'JD AI Pay' Smart Payment Solution

JD Launches JoyExpress Delivery Service in Europe

JD Releases Industry-Purchasing Integration Value White Paper to Promote Digitalization of Supply Chain

JD Instant Medication Delivery Business Surpasses Expectations

JD Integrates Kappa Supermarket, Introduces 100 Own-Brand Products

JD's Innovation Retail Department to be Integrated into JD Retail

JD MALL Expected to Open in June 18 in Hong Kong's Grand Bay View Center

JD's Global Sales During Lunar New Year Festival Rose Over 100% in One Week

JD to Subsidize On-Duty Employees with Over 130 Million Yuan During the 9-Day Spring Festival in 2026

Traditional Supermarkets Under Pressure in 2025, New Generation Supermarkets Innovate and Grow

JD Home Services Launches 'Hundred Cities Double Ten Million Recruitment Plan' to Expand Service Supply

JD Group Signs Strategic Cooperation Agreement with CCBIT

JD Signs Strategic Cooperation Agreement with CCTA and Announces Joybuy Launch in UK

STARCOIN GROUP

AE LOGISTICS

GUANZE MEDICAL

WATER INDUSTRY

ZHONGSHI MINAN

IDT INT'L

HAIZHI TECH GP

MANY IDEA CLOUD

FIRST CAP GP

XL2CSOPCOIN-U

06618

159621

512380

09618

03690

513040

09988

02618

Meituan anticipates a loss of up to 24.3 billion yuan in 2025, including a fourth-quarter loss of approximately 15.7 billion yuan, despite a slight improvement from a third-quarter loss of $2.7 billion. The company faces intense competition from Alibaba and JD.com in the instant commerce sector, leading to substantial subsidy expenditures. China's market regulator is intervening to ease competition among these major players, highlighting the challenging environment for O2O services in China.

Unusual Whales

JD HEALTH

Guotai MSCI China A ESG General ETF

Yinhua MSCI China A ETF

JD-SW

MEITUAN

E Fund CSI HK Connect Internet ETF

BABA-W

JD LOGISTICS

Meituan expects to report a loss of up to 24.3 billion yuan in 2025, with a fourth-quarter loss of about 15.7 billion yuan. China's market regulator is trying to ease competition among Meituan, Alibaba, and JD.com in the instant commerce sector.

MPNGY

BABX

513770

BABA

EBIZ

On February 16, Hong Kong stocks showed mixed performance, rebounding above the 27,000 mark on Monday and closing at 26,567 on Friday, with only an 8-point increase during the week. Northbound capital will pause until next Tuesday, recording a net inflow of HKD 20.2 billion before the holiday on Friday. Meituan's profit warning affected its stock price, which may drag down Alibaba and JD.com. The Hang Seng Index cannot afford to fall below the 26,200 level; if it fails to rise above 27,000, the market outlook will be relatively bearish. The short-term trading range for Hong Kong stocks is approximately 26,000-27,000, with only a half-day market today

- On February 16, Hong Kong stocks exhibited volatile performance, closing the week with only an 8-point increase.  
- The market is expected to open slightly lower as Northbound capital pauses until next Tuesday, with investors likely to be cautious ahead of the Chinese New Year holiday.  
- Concerns over Meituan's prolonged path to profitability may pressure its stock and impact others like Alibaba and JD, with key support levels around 26200 to watch for potential declines.

Stheadline

Meituan

BABA 2x Long Daily ETF - GraniteShares

Hwabao CSI HK Equities Internet ETF

JD.com

China Southern Hang Seng ETF

KraneShares 2x Long BABA Daily ETF

ChinaAMC Hang Seng ETF

KraneShares 2x Long JD Daily ETF

Alibaba

ALI HEALTH

Global X E-commerce ETF

Hang Seng Index

Krne Csi China Internet

The half-day market closes early during the Spring Festival holiday | Gu Tianhou

JD.com announced that it will invest RMB 22 billion in the next five years to build 150,000 "Brother Homes," and will provide over RMB 1.3 billion in welfare guarantees for employees during the Spring Festival, including overtime pay and red envelopes. In the past year, 150,000 full-time couriers joined JD.com, and in the future, it will procure 3 million robots, 1 million unmanned vehicles, and 100,000 drones to comprehensively enhance the logistics supply chain. By 2025, JD.com has provided 28,000 sets of housing for frontline employees, covering 145 cities

AASTOCKS

JD.com: In the next five years, it will invest 22 billion yuan to build 150,000 "Xiao Ge Homes."

ONLN

IBUY

Glaxis Capital Management LLC has made a new investment in JD.com, Inc. by purchasing 70,000 shares valued at approximately $2.45 million, representing 4.0% of its portfolio. Other institutional investors have also increased their stakes in JD.com. The stock is currently trading at $27.14, down 1.4%, with a market cap of $38.88 billion. JD.com reported earnings of $0.52 per share, exceeding estimates, and analysts have mixed ratings on the stock, with an average rating of "Moderate Buy" and a consensus price target of $38.71.

- Glaxis Capital Management LLC disclosed the purchase of 70,000 shares of JD.com, valued at approximately $2,449,000, during the 3rd quarter, constituting about 4.0% of its portfolio.  
- Several institutional investors also increased their stakes in JD.com, contributing to hedge funds owning 15.98% of the company's stock.  
- JD.com reported a quarterly earnings per share of $0.52, exceeding estimates, with a revenue of $41.98 billion, reflecting a 14.9% year-on-year increase, while analysts maintain a Moderate Buy rating and a consensus price target of $38.71.

Market Beat

ProShares Online Retail

Amplify Online Retail ETF

Glaxis Capital Management LLC Makes New Investment in JD.com, Inc. $JD

BIDU

TCEHY

00700

On February 13th, the State Administration for Market Regulation interviewed platform companies such as Alibaba, Douyin, Baidu, Tencent, JD.com, Meituan, and Taobao Flash Sale, requiring them to comply with relevant laws and regulations, fulfill their main responsibilities, standardize promotional activities, and eliminate "involutionary" competition to maintain a fair competitive market environment and promote the innovation and healthy development of the platform economy

- On February 13, the State Administration for Market Regulation discussed compliance with various laws aimed at promoting fair competition with major platforms including Alibaba, Douyin, Baidu, Tencent, JD.com, Meituan, and Taobao Shanguo.  
- The platform enterprises were urged to eliminate "involution" competition and to enhance responsible promotional practices to foster a healthy platform economy.  
- The article also includes a disclaimer about investment risks and advises users to consider their individual circumstances before making investment decisions.

Wallstreetcn

Baidu

Tencent

TENCENT

Tencent Holdings Limited

iShares MSCI China

The State Administration for Market Regulation interviewed platform companies such as Alibaba, Douyin, Baidu, Tencent, JD.com, Meituan, and Taobao Flash Sale

09888

On February 13th, the State Administration for Market Regulation interviewed seven platform companies, including Alibaba, Douyin, Baidu, Tencent, JD.com, Meituan, and Taobao Flash Sale, requiring them to strictly comply with relevant laws and regulations, fulfill their main responsibilities, standardize promotional activities, and eliminate "involution" competition to maintain a fair competitive market environment and promote the innovation and healthy development of the platform economy

BIDU-SW

The State Administration for Market Regulation interviewed 7 platform companies

01024

On February 13th, the Hong Kong stock market collectively adjusted, with the Hang Seng Index falling 1.72%, breaking below short-term highs. The internet and retail sectors experienced widespread declines, influenced by the macro environment and intensified competition, with heavyweight stocks like Meituan and Alibaba weakening. The restaurant sector showed mixed performance, with Haidilao rising against the trend due to recovery expectations. In terms of individual stocks, Yingda Real Estate surged over 39% on expectations of profits from asset sales. The market has entered a short-term consolidation period, with funds focusing on liquidity changes and policy directions

- On February 13, Hong Kong stocks declined collectively after reaching a short-term high, with the Hang Seng Index falling 1.72% to 26,567.12 points. 
- The retail sector suffered due to intense price competition and weak consumer sentiment, impacting major players like Alibaba and JD.com. 
- Amid mixed macroeconomic signals, investors are advised to consider defensive opportunities in high-dividend and policy-benefited sectors.

Market Heartbeat

KUAISHOU-W

MNSO

HAIDILAO

YUM CHINA

PCPD

AFFLUENT FDN

Hong Kong Stock Market Closing | Hang Seng Index fell 1.72%, Meituan dropped 3.18% leading the blue chips, Yingda Real Estate surged 39% on positive news

On February 13th, the Hong Kong stock market showed weak sentiment, with all three major indices declining collectively. The Hang Seng Index fell 1.86% during the session and failed to hold its high position, while the Hang Seng TECH Index dropped 1.31%. Under the dual pressure of cooling expectations for a Federal Reserve interest rate cut and intensified industry competition, technology and consumer heavyweight stocks experienced widespread declines. Meituan fell over 3% due to market concerns about a new round of price wars, with Baidu, Alibaba, and others following suit in their corrections. Market risk aversion increased, with funds waiting for the core data at the end of the month to validate the recovery's strength. In terms of individual stocks, the new stock HAIZHI TECH GP surged over 224%, becoming the biggest highlight of the session

- As of February 13, 2026, Hong Kong's stock indices faced downward pressure, with the Hang Seng Index dropping 1.86% to 26,529.94 points amid weakening buying momentum.  
- The technology and retail sectors experienced declines due to concerns over competition and market dynamics, with companies like Tencent and Alibaba seeing significant decreases in share prices.  
- Investors remain cautious, awaiting crucial data later in the month to gauge economic recovery signals and their impact on major sectors.

INNOVENT BIO

ZIJIN MINING

Hang Seng TECH Index

Hong Kong stock market intraday | The Hang Seng Index fell 1.86% under pressure, technology stocks broadly declined, Meituan dropped 3.48%, and the new stock HAIZHI TECH GP surged 224%

On February 13th, the three major indices of Hong Kong stocks collectively weakened in the morning session, with the Hang Seng Index falling by 1.79% and the Hang Seng TECH Index dropping by 1.65%. Affected by regulatory interviews and profit-taking pressure, technology stocks fell across the board, with MEITUAN down 4.54%, Baidu down 3.78%, and JD.com down 3.04%. Although Tencent continued to attract attention from southbound funds, its stock price still adjusted down by 1.68%. Individual stocks showed divergence, with AI concept stock Zhipu surging over 28% against the trend, and catering leader Haidilao rising by 2.22%. Market risk aversion sentiment is rising, entering a phase of digestion and consolidation in the short term

- On February 13, Hong Kong's three major indices fell after a recent high, indicating profit-taking pressure amid heightened risk aversion.  
- The Hang Seng Index closed at 26,548.41 points, dropping 1.79%, with the technology and retail sectors, including Tencent and Alibaba, showing significant declines due to regulatory concerns.  
- Market focus is shifting to external liquidity and mainland economic recovery, as the upcoming macro data release is anticipated to influence market direction.

XIAOMI-W

KNOWLEDGE ATLAS

Dacheng Hang Seng Technology ETF(QDII)

CAM HS TECH

CSOP HS TECH

HSTECH ETF

FL2 CSOP HSI

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

Tianhong Hang Seng TECH ETF(QDII)

FI2 CSOP HSI

ChinaAMC Hang Seng Technology ETF(QDII)

Hong Kong Stock Midday Review | The Hang Seng Index fell 1.79%, tech stocks collectively declined, while AI concept stock Zhipu surged over 28% against the trend

The three major indices of the Hong Kong stock market were all under pressure today, with the Hang Seng Index falling 1.52%, the Hang Seng Tech Index dropping 1.24%, as the market faced profit-taking after reaching a peak. The technology, internet, and retail sectors generally weakened, with heavyweight stocks Tencent Holdings down 1.77%, Alibaba down 2.21%, and Meituan down 3.30%. The restaurant sector showed mixed performance, with Haidilao rising 1.56% against the trend. In terms of individual stocks, Aisinyuan Intelligence surged 13.68% on its first day of listing, while Starry Chain Group experienced significant volatility due to name change expectations. Investors are closely monitoring upcoming CPI and GDP data to assess the economic recovery process

- The Hong Kong stock market showed declines today, with major indexes experiencing profit-taking after yesterday's highs.  
- The Hang Seng Index fell by 1.52% to 26,622.96 points, while tech and retail sectors suffered due to cautious consumer recovery expectations.  
- Market participants are focused on forthcoming economic data, including CPI and GDP, to assess recovery resilience, as trading activity indicates strategic movements towards certain sectors.

AXERA

LONGCHEER

Hong Kong stock market intraday | The Hang Seng Index fell 1.52%, technology weighted stocks broadly declined, Meituan fell 3.30%, and Aisino surged 13.68%

JD LOGISTICS has signed a strategic cooperation memorandum with the South Korean e-commerce platform 11Street, planning to introduce products from 11Street merchants to be sold in China, with the project expected to launch in the first half of the year. 11Street will simplify the onboarding process and customs clearance procedures to reduce logistics costs, while JD LOGISTICS will be responsible for the entire logistics process. In addition, JD, Haier, Hisense, and TCL have also signed a strategic cooperation agreement, setting a strategic goal of achieving a total online and offline sales volume of RMB 180 billion

JD LOGISTICS collaborates with South Korean e-commerce platform 11Street to introduce South Korean merchants to Chinese consumers

On February 12th, the three major indices of the Hong Kong stock market collectively adjusted, with the Hang Seng Index falling 0.86% to 27,032.54 points, and the Hang Seng TECH Index dropping 1.65%. In terms of sectors, internet and restaurant stocks generally declined, with Meituan falling 4.5%, and Tencent and Baidu both moving lower; SenseTime surged 6.77% against the trend due to capital inflow, and Zijin Mining rose 3.45%. Investors are closely monitoring liquidity indicators such as M3 and foreign exchange reserves, and market sentiment is becoming cautious

- On February 12, Hong Kong stocks closed lower after recent highs, with the Hang Seng Index down 0.86% at 27,032.54 points.  
- Major sectors like internet content and restaurants faced significant declines, illustrating investor caution amid recovery challenges in consumption.  
- The market is focused on macro liquidity and economic recovery indicators, particularly retail sales and unemployment rates, to gauge future economic prospects.

ILUVATAR COREX

HUAYUEXPRESSWAY

BOER POWER

FI2CAMNDQ100

FI CSOP HSI

Hong Kong Stock Market Closing | Hang Seng Index fell 0.86%, losing high ground, Meituan plummeted 4.5% leading the decline in technology and dining sectors, SenseTime surged 6.77% against the trend

159736

159843

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

Tianhong CSI Food and Beverage ETF

China Merchants Guozheng Food and Beverage ETF

Hwabao WP CSI Food & Beverage Sub-Industry ETF

MIXUE GROUP

First Trust NASDAQ Food & Beverage

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

On February 12th, the three major indices of the Hong Kong stock market collectively weakened during the session, with the Hang Seng Index falling 0.92% around the 27,000-point mark, and the Hang Seng Technology Index leading the decline with a drop of 1.59%. Affected by concerns over intensified AI competition, internet technology stocks fell broadly, with Tencent Holdings down 2.28%; the catering sector saw a significant pullback, with Meituan dropping 4.73%. Funds focused on AI applications and restructuring concepts, with KNOWLEDGE ATLAS, MiniMax, and others rising against the trend, while BOER POWER surged over 112% due to restructuring expectations. Market sentiment remains cautious, awaiting guidance from macroeconomic data

- On February 12, Hong Kong's three major stock indices declined collectively, indicating cautious market sentiment after hitting peak levels the previous day.  
- The Hang Seng Index fell by 0.92% to 27,014.81, while the Hang Seng Tech Index experienced a 1.59% drop, and the Hang Seng China Enterprises Index decreased by 1.02%.  
- Concerns over intensified competition among AI models affected various sectors, particularly internet content, retail, and restaurant segments, leading to a generally defensive investor mood awaiting further policy guidance.

MINIMAX-WP

UNISOUND

Hong Kong stock market intraday | Hang Seng Tech Index fell 1.59%, with the restaurant and internet sectors experiencing widespread declines, Meituan dropped 4.73%, and BOER POWER surged 112%

09626

On February 12th, the Hong Kong stock market closed at noon, with the three major indices collectively adjusting after yesterday's surge, and the Hang Seng TECH Index fell by 1.68%. Technology heavyweight stocks were all weak, with Meituan leading the decline, dropping 4.16%, while Tencent and Alibaba also weakened simultaneously. The catering and retail sectors were dragged down by market sentiment. Despite the overall market weakness, ZIJIN MINING rose against the trend by 2.25%, and YOFC surged by 11.35%. Market funds have entered a wait-and-see period, awaiting inflation data to verify the sustainability of consumer recovery

- On February 12, Hong Kong stocks experienced a technical correction after a previous surge, with major indices all declining.  
- The Hang Seng Index fell 0.89% to 27,024.06, while technology and retail sectors were notably affected, with Tencent down 2.65% and Meituan down 4.16%.  
- Market sentiment is cautious ahead of upcoming macroeconomic data releases, including CPI and unemployment rates, vital for assessing the sustainability of local consumption recovery.

BILIBILI-W

HPC HOLDINGS

TOUYUN BIOTECH

HANVEY GROUP

YOFC

Hong Kong Stock Market Mid-Review | The Hang Seng Index fell 0.89%, technology weights weakened across the board, Meituan plummeted 4.16%, and YOFC surged 11.35%

$JD-SW(09618.HK)JD.com is trading close to historic lows and below many estimates of its intrinsic value. As of February 2026, the stock has a trailing P/E of about 7. For long-term value investors, it provides a dividend yield exceeding 3.75% and benefits from a best-in-class logistics network in China that supports a strong, defensible moat.At current prices, the market seems to be assuming no future growth. An outlook that may be overly pessimistic given the company’s continued revenue expansion. I am holding with strong conviction. Are you?

JD-SWR

JD HK SDR 10to1

$JD-SW(09618.HK)I view JD.com as an attractive investment given its strong balance sheet and aggressive shareholder returns.The company’s conservative financial structure is highlighted by a cash-to-equity ratio of 0.65 and a low debt-to-equity ratio of 26.5%. It provides meaningful downside protection, balance sheet flexibility, and resilience across economic cycles. Its investment-grade credit rating from S&amp;P further reinforces its financial strength.JD.com is also actively returning capital to shareholders through a $5.0 billion share repurchase program running through August 2027, signaling strong confidence in intrinsic value.At a price-to-earnings multiple of around 7, the stock appears deeply undervalued, offering a compelling risk-reward profile for long-term value investors.

KC1028

AdmiralY

$JD-SW(09618.HK)$BABA-W(09988.HK)JD.com offers retail and logistics stability, while Alibaba’s diversified retail, cloud, and AI bring higher cyclical growth. I invest in both to capture China’s economic expansion. Are you on the same boat with me?

BABA-WR

Alibaba HK SDR 5to1

Today’s Key News Recap

0109 | Dolphin Research Focus. 🐬 Macro/Industry 1) HKEX announced it will add six stock options effective Jan 19, covering names such as Zijin Gold Intl, Laopu Gold, and Horizon Robotics.The additions broaden derivatives choices and offer more risk management tools. They should also help lift liquidity in the underlying names.🐬 Single Stock 1) $Taiwan Semiconductor(TSM.US) TSMC reported Dec revenue of NT$335.03bn, down 2.5% MoM but up 20.4% YoY. 2025 YTD revenue rose 31.6% YoY...

HKEX

HKEX-R

Hong Kong Exchanges and Clearing (HKEX)

Apple

Taiwan Semiconductor

Alphabet

Alphabet - C

LAOPU GOLD

Laopu Gld HK SDR 50to1

Direxion Auspice Broad COM

TSM Q4 rev. seen >NT$1 tn; GOOGL integrates Gemini into Gmail | Daily News Recap

0108 | Dolphin Research Focus: 🐬 Macro/Industry 1) The U.S. proposed a consignment sale of ~50 mn bbl of Venezuelan crude, keeping proceeds under U.S. control, while demanding Caracas cut economic ties with China, Russia and others and allow oil cooperation only with the U.S. Beijing strongly condemned the bullying move.In the near term, this could add volatility to energy markets. Over the longer run, it may prompt more countries to guard against unilateralism. 🐬 Single Stocks 1) $XD INC(02400.HK) The global version of 'Xindong Town' went live on Jan 8.It launched alongside a collaboration with the globally known IP 'My Little Pony'...

Town Centre Securities PLC

TowneBank

Chagee

XD INC

BABA to ramp up investment in Taobao Flash Sale; 'Heartfelt Town' Intl server goes live | Daily News Recap

Green dragon 🐲🐲🐲🐲 let's go!!

2025 Reflection:2025 was a strong year where I successfully locked in gains during the bull run. Learning value investing from a YouTuber , Master Leong. My $110 entry into Alibaba stands as my best “value buy” to date. I am holding tight to BYD and JD.com and I strongly believe that they will do well for coming years. Conversely, my crypto investment was a setback. I chased ethereum after hearing a Tom Lee interview and got caught at the top.2026 investment outlook:I will stick to my value investing roots, rebalance my holdings, and hold more cash. Wait for next downturn while focusing is on buying undervalued stocks rather than chasing hype.$BABA-W(09988.HK)$JD-SW(09618.HK)$BYD COMPANY(01211.HK)

MBJDCOM@EC2607A(21335.HK)

Meituan expects to report a loss of up to 24.3 billion yuan in 2025, with a fourth-quarter loss of about 15.7 billion yuan. China's market regulator is trying to ease competition among Meituan, Alibaba, and JD.com in the instant commerce sector.

The half-day market closes early during the Spring Festival holiday | Gu Tianhou

JD.com: In the next five years, it will invest 22 billion yuan to build 150,000 "Xiao Ge Homes."

Glaxis Capital Management LLC Makes New Investment in JD.com, Inc. $JD

The State Administration for Market Regulation interviewed platform companies such as Alibaba, Douyin, Baidu, Tencent, JD.com, Meituan, and Taobao Flash Sale