HUJDCOM@EC2605A

JD Robot and AI Related Products Experience Significant Sales and Traffic Growth During Spring Festival

Citibank Adjusts JD's Earnings Forecast and Downgrades Target Price

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

DAISHOMICROLINE

MOBI DEV

CHERISH SUN

PUTIAN COMM

ADD NEW ENERGY

NANFANG COMM

ELIFE HLDGS

DTXS SILK ROAD

DIMMI LIFE HLDG

JIADING INTL GP

00700

01024

09988

09618

03690

09987

On February 24, 2026, Beijing time, the Hong Kong stock market collectively weakened in the afternoon, with all three major indices adjusting high and falling more than 2%. The Hang Seng Tech Index led the decline, dragged down by a pullback in AI themes. Technology stocks generally fell, with major stocks such as Tencent Holdings, Alibaba, and Meituan showing weak performance. Funds shifted towards defensive stocks and individual stock speculation, with Aito rising sharply against the trend due to positive acquisition news. On the macro level, the market is closely monitoring liquidity and the recovery of local consumption data, with investment sentiment leaning towards caution

- The Hong Kong stock market experienced a significant downturn, with major indices falling over 2% led by the Hang Seng Index which dropped 2.01%.  
- Key sectors such as internet and retail reflected negative sentiment, influenced by a retreat in AI stocks, highlighting a broader market adjustment.  
- Notable individual stock movements included significant increases for certain companies while others like Tencent and Alibaba faced declines amid increased market caution.

Market Heartbeat

TENCENT

KUAISHOU-W

BABA-W

JD-SW

BIDU-SW

MNSO

MEITUAN

HAIDILAO

YUM CHINA

Hong Kong stocks intraday | Hang Seng Index fell 2.3%, Meituan dropped 4.59%, Aide New Energy surged 30.28%

01888

02513

On February 24th, the Hong Kong stock market's midday review showed a collective pullback in the morning session, with the three major indices experiencing a unilateral adjustment. The Hang Seng Index fell by 1.93%, and the Hang Seng TECH Index dropped by 2.36%, leading the market decline. Risk aversion sentiment increased, causing technology heavyweight stocks to weaken across the board, with Meituan -W down 4.76%, leading the blue-chip decline, and Tencent Holdings down 3.44%. The internet, retail, and catering sectors were generally under pressure, but YUM CHINA rose 1.98 against the trend. In terms of individual stocks, KNOWLEDGE ATLAS surged by 20.89%, and KB LAMINATES rose by 11.09, driven by positive earnings expectations. Market focus has shifted to macroeconomic data and liquidity in the capital market

- On February 24, Hong Kong's stock market showed a notable downturn with the Hang Seng Index closing at 26,560.57, down 1.93%. 
- Sector performance was broadly negative, particularly in technology and retail, with major companies like Tencent and Alibaba seeing significant declines amid rising risk aversion and concerns over macroeconomic conditions. 
- Investors are closely monitoring economic indicators such as retail sales and unemployment to gauge the recovery potential of the Hong Kong economy.

KB LAMINATES

KNOWLEDGE ATLAS

GIGADEVICE

Shandong Molong

KINGBOARD HLDG

CSOP HS TECH

Meituan

FI2 CSOP HSI

FL2 CSOP HSI

FI CSOP HSI

Hang Seng TECH Index

Hang Seng Index

Hong Kong Stock Midday Review | Hang Seng Index fell 1.93%, KNOWLEDGE ATLAS surged 20.89%, Meituan dropped 4.76%

01357

On February 24th, during the Hong Kong stock market, the three major indices collectively weakened, with the Hang Seng Tech Index leading the decline, down 2.26%. The internet and retail sectors were under pressure, and market risk aversion increased, with Tencent Holdings falling 3.16% and Alibaba dropping 2.50%. The communication equipment sector showed mixed performance, with YOFC rising against the trend by 3.84%. In terms of individual stocks, KNOWLEDGE ATLAS surged 13.57% due to the release of its flagship model, while Jiantao's laminated board rose 11.19% on positive earnings expectations. Investors are closely watching Hong Kong's retail and unemployment rate data

- On February 24, Hong Kong stocks experienced a decline as profit-taking pressures emerged after reaching recent highs, with the Hang Seng Index down 1.65% at 26,634.12 points.  
- Notable declines were observed in the tech sector, led by Tencent, Kuaishou, and Meitu, while the retail sector also suffered due to external market influences.  
- Investors are closely monitoring economic indicators such as retail sales and unemployment rates to gauge local consumer recovery, impacting market momentum and liquidity expectations.

MEITU

BYD ELECTRONIC

SHANDONG MOLONG

YOFC

Hong Kong stock market intraday | The Hang Seng Index fell 1.65%, the Tech Index fell 2.26% leading the decline, KNOWLEDGE ATLAS surged 13.57%, YOFC strengthened against the trend

STECH

The Hong Kong stock market opened higher in the morning, with the Hang Seng Index rising 385 points to 26,798 points, and the National Index and Hang Seng TECH Index increasing by 131 points and 92 points, respectively. E-commerce stocks such as Alibaba and JD opened higher, while technology stocks Tencent, Meituan, and NetEase also saw gains. AI model stock KNOWLEDGE ATLAS opened down 13.8% due to issues. Export stocks such as Creative Technology and SHENZHOU INTL opened higher, and pharmaceutical stocks WUXI BIO and WUXI APPTEC also rose. Commodity prices increased, leading to a general rise in related resource stocks

AASTOCKS

SHENZHOU INTL

WUXI BIO

Alibaba

WUXI APPTEC

FI2CAMNDQ100

China Southern Hang Seng ETF

"Hong Kong Stocks" The Hang Seng Index opened high at 385 points, with technology, export, and resource stocks rising, while AI model stocks retraced

02618

06618

This year's Spring Festival holiday saw strong demand for robot rentals, with JD.com data showing a month-on-month increase in transaction value of over 100%, and orders have been scheduled until mid-March. However, rental prices are rapidly declining. At the beginning of 2025, the daily rental fee for humanoid robots reached as high as 20,000 yuan, but now the daily rental fee for dancing robots has dropped to about 6,000 yuan, while non-dancing robots range between 2,000 and 4,000 yuan, with the 6,000 yuan fee including operator and transportation costs

Wallstreetcn

JD LOGISTICS

JD.com

KraneShares 2x Long JD Daily ETF

JD HEALTH

Increased volume and decreased prices! Robot performance rental "breaks out"

JD LOGISTICS has officially put into operation its first Smart Wolf Warehouse established in the Jiading District of Shanghai. The warehouse has a total investment of tens of millions of RMB, covering an area of over 3,000 square meters. It utilizes intensive robotic operations and intelligent system scheduling, increasing outbound efficiency by more than three times. Through three-dimensional and high-density transformation, storage efficiency has increased fourfold, with picking accuracy reaching 99.99%, and the average processing cost per unit reduced by more than half

JD LOGISTICS has launched Shanghai's first Smart Wolf Warehouse in Jiading, increasing efficiency by more than three times

IBUY

ONLN

SUPL

EBIZ

On February 20, 2026, JD.com, Inc. stated its intention to unveil the unaudited financial results for the fourth quarter and full year of 2025 on March 5, 2026, prior to the U.S. market opening. As a prominent supply chain-focused technology and service firm, JD.com, Inc. operates under the tickers JD on NASDAQ and 9618 (HKD counter) and 89618 (RMB counter) on HKEX.

Unusual Whales

Amplify Online Retail ETF

VanEck Retail ETF

ProShares Online Retail

SPDR S&P Retail ETF

Proshares Supply Chain Logistics ETF

Global X E-commerce ETF

JD.com to report Q4 and full year 2025 financial results on March 5, 2026.NASDAQ: JD, HKEX: 9618. Released before market opens.

Driven by the robot program during the Spring Festival Gala in the Year of the Horse, JD.com saw a 150% increase in order volume. Two hours into the gala, the search volume for robots increased by over 300%, and customer service inquiries rose by 460%. New orders came from more than 100 cities nationwide, covering both first-tier cities and county markets. JD Logistics stated that with the increase in robot consumption, the demand for after-sales service has risen, and repair orders continue to grow. Repair centers have been established in eight major provinces across the country to provide on-site repair services

JD.com's robot order volume increased by 150%

Citi lowered its adjusted net profit forecast for JD.com, expecting Non-GAAP net profits of RMB 641 million and RMB 6.044 billion for the fourth quarter of last year and the first quarter of this year, respectively, a decrease of 66.2% and 13.8%. Although the total revenue forecast of RMB 348.96 billion meets market expectations, Citi has reduced its target price for JD's U.S. stock from $37 to $34, maintaining a "Buy" rating, but noted a lack of catalysts in the short term

Citigroup has lowered its adjusted net profit forecast for JD.com for the last quarter by over 66%, expecting a lack of catalysts in the short term

JD.com, Inc. will release its unaudited fourth quarter and full year 2025 financial results on March 5, 2026, before U.S. market opens. A conference call will be held at 7:00 am ET on the same day to discuss the results. Participants must register in advance and can access a replay until March 13, 2026. The company is a leading supply chain-based technology provider, offering innovative retail infrastructure and services.

- JD.com, Inc. plans to release its unaudited fourth quarter and full year 2025 financial results on March 5, 2026, before the U.S. market opens.  
- A conference call with management will be held at 7:00 am Eastern Time on the same day to discuss these results, requiring pre-registration for participation.  
- The company is a leading supply chain-based technology and service provider, aiming to enhance retail infrastructure and offer a "Retail as a Service" model to drive innovation.

StockTitan

JD.com to Report Fourth Quarter and Full Year 2025 Financial Results on March 5, 2026 | JD Stock News

With the rising popularity of robots, the same model featured in the Spring Festival Gala was sold out, with multiple models selling out within minutes, and high-end models being snapped up instantly, directly igniting the consumer market. Two hours into the Year of the Horse Spring Festival Gala, the search volume for robots on JD increased by over 300% compared to the previous period, customer service inquiries grew by 460%, and order volume increased by 150%. New orders covered more than 100 cities nationwide

Robot performances swept the Spring Festival Gala stage, and the same model robots from the gala were sold out

KBAB

BABX

Meituan, China's leading online-to-offline services company, anticipates a loss of up to 24.3 billion yuan for 2025, with a fourth-quarter loss of approximately 15.7 billion yuan. This marks an improvement from a 18.6 billion yuan loss in the third quarter. The company faces intense competition in the instant commerce sector from Alibaba and JD.com, prompting significant spending on marketing and promotions. Meituan's stock has halved in value over the past year, reflecting the impact of the ongoing price war and increased operational costs.

benzinga_article

KraneShares 2x Long BABA Daily ETF

BABA 2x Long Daily ETF - GraniteShares

Instant Commerce War Takes A Toll On Meituan

MPNGY

513770

512380

513040

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

Hwabao CSI HK Equities Internet ETF

Yinhua MSCI China A ETF

ChinaAMC Hang Seng ETF

ALI HEALTH

E Fund CSI HK Connect Internet ETF

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

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

$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!!

LazyCat

Dividend Collector

Current rate of return reached top 30% of users
Calculated based on  your Longbridge (Singapore) A/C

Rate Of Return

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)

BYD COMPANY

Wear new shoes, walk the old pathIt seems to have developed, turned around, and modernized, but once encountering pressure or real constraints, it reverts to the old ways—the practices from the beginning.【Securities Researcher: &#34;Information involving tax assessments for related high-tech companies&#34; only indicates stricter assessments, not a blanket ban】This afternoon, the Hang Seng Tech Index suddenly widened its losses, with the index falling more than 2.5% at one point. Alibaba, Tencent Holdings, JD.com, and Meituan all saw increased declines, and the corresponding call warrants plummeted across the board. At noon, a piece of information about &#34;tax assessments for related high-tech companies&#34; circulated among securities researchers, triggering market volatility. Although this rumor has not yet received official endorsement, the market has already begun pricing it in. However, the market's pricing of such events is often one-time, and the corresponding factors are also variable. If the situation reverses, it will inevitably trigger a major counterattack. A securities researcher said it is only stricter assessments, not a blanket ban.$BABA-W(09988.HK)$TENCENT(00700.HK)$XIAOMI-W(01810.HK)

XIAOMI-W

XI2CSOPHSTECH

ISHARESHSTECH

HSTECH ETF

XL2CSOPHSTECH

CAM HS TECH

Hang Seng TECH ETF I

Tencent

Tencent Holdings Limited

TENCENT-R

Tencent HK SDR 10to1

MEITUAN-WR

Meituan HK SDR 5to1

XIAOMI-WR

Xiaomi HK SDR 2to1

Xiaomi Corporation

I've been watching it closely. At this stage, the market is prioritizing profit quality over blind growth chasing,.

andwagon effect～1

Agreed. With sentiment and valuation at low levels, yet fundamentals showing an upward inflection point, this usually presents a solid risk-reward opportunity.

greeeedy options

$JD-SW(09618.HK)Do you have the conviction to buy and hold JD.com for mid term investment?Both Citigroup (花旗银行) and Goldman Sachs (高盛) have issued a “Buy” rating on JD.com’s Hong Kong–listed shares, citing strong Q3 revenue growth and record-high retail margins. Let’s go green dragon 🐉.

Financial Analysis

$MEITUAN(03690.HK) released its Q3 earnings after the Hong Kong stock market closed on November 28th, being the last among the 'Three Fools' in the food delivery battle. During the summer quarter, which saw the most intense subsidies, Meituan reported a massive operating loss of 19.8 billion, compared to JD.com's 'slight loss' of about 1 billion and Alibaba's remaining profit of approximately 5 billion. As the defending party under attack, Meituan's situation is much more severe compared to Alibaba and JD.com. Key points are as follows: 1. Is Meituan's actual loss 80% of Alibaba's?: First, let's look at the most concerning issue of losses. This quarter, the operating loss of the local commerce segment reached as high as 14.1 billion...

Meituan: A staggering loss of nearly 20 billion! Did Alibaba really succeed in this takeover?

HUJDCOM@EC2605A(24149.HK)

Hong Kong stocks intraday | Hang Seng Index fell 2.3%, Meituan dropped 4.59%, Aide New Energy surged 30.28%

Hong Kong Stock Midday Review | Hang Seng Index fell 1.93%, KNOWLEDGE ATLAS surged 20.89%, Meituan dropped 4.76%

Hong Kong stock market intraday | The Hang Seng Index fell 1.65%, the Tech Index fell 2.26% leading the decline, KNOWLEDGE ATLAS surged 13.57%, YOFC strengthened against the trend

"Hong Kong Stocks" The Hang Seng Index opened high at 385 points, with technology, export, and resource stocks rising, while AI model stocks retraced

Increased volume and decreased prices! Robot performance rental "breaks out"