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18.08.25 - 08:36
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JD.com quarterly sales beat expectations but food delivery foray slices profit (SCMP)
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JD.com's revenue grew a faster-than-anticipated 22 per cent in the June quarter, benefiting from government-directed consumer subsidies as well as an aggressive drive into new arenas such as food delivery.
The Nasdaq-listed shares of China's top online retailer by revenue rose about 1 per cent in pre-market US trading.
The Beijing-based company reported sales of 356.7 billion yuan (US$49.7 billion) for the quarter ended June 30, about 6 per cent above projections.
Net income halved to 6.2......
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18.08.25 - 04:48
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Hong Kong stocks steady as investors await key quarterly results, Powell′s speech (SCMP)
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Hong Kong stocks kicked off the week on a positive note, with investors focused on the earnings from more than 20 blue chips and Federal Reserve chair Jerome Powell's speech at the annual Jackson Hole symposium.
The Hang Seng Index rose 0.2 per cent to 25,333.90 as of 10.15am local time. The Hang Seng Tech Index gained 1.3 per cent. On the mainland, the CSI 300 Index climbed 0.9 per cent and the Shanghai Composite Index added 0.7 per cent.
E-commerce giant JD.com rallied 4.2 per cent to......
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15.08.25 - 04:42
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Hong Kong stocks sink on poor China data, earnings disappointments (SCMP)
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Hong Kong stocks posted the first back-to-back decline in two weeks on Friday after China's July economic data fell short of estimates and a raft of disappointing earnings reports weighed on sentiment.
The Hang Seng Index fell 1.2 per cent to 25,216.09 as of 10.23am local time, extending a 0.4 per cent decline on Thursday. The Hang Seng Tech Index dropped 1 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.3 per cent.
E-commerce operator JD.com tumbled......
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14.08.25 - 15:36
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JD.com: Quartalszahlen senden gemischte Signale (Der Aktionaer)
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Der chinesische Online-Händler JD.com hat am Donnerstag seine Q2-Zahlen vorgelegt und die Markterwartungen beim Umsatz deutlich übertroffen. Die Gewinnzahlen fielen hingegen gemischt aus, weshalb die Aktie zum US-Handelsstart ungefähr auf dem gleichen Niveau notiert, auf dem sie den Mittwoch abgeschlossen hatte....
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19.06.25 - 15:06
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China subsidies give Alibaba, JD.com sales lift during 618 shopping festival (SCMP)
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Chinese e-commerce giants Alibaba Group Holding and JD.com reported record user participation and growing sales during the 618 shopping festival, as government subsidies and new artificial intelligence (AI) tools fuelled a surge in consumer activity.
More than 453 brands each surpassed 100 million yuan (US$14 million) in gross merchandise value (GMV) on Alibaba's Taobao and Tmall platforms during the weeks-long event, the company said on Thursday. The roster included global names such as Apple,......
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03.06.25 - 14:06
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Alibaba, JD.com sales surge during 618 festival, thanks to subsidy programme (SCMP)
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Chinese e-commerce giants Alibaba Group Holding and JD.com are seeing strong sales momentum in their respective campaigns for this year's 618 shopping festival, on the back of the government's national subsidy programme.
Preliminary 618 retail data from Taobao and Tmall Group (TTG), Alibaba's domestic e-commerce unit, showed sales of categories that benefit from government subsidies – including consumer electronics products and home appliances – surged 283 per cent during the campaign's initial......
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