JD waffling these few days due to external issues like reopening themes and today's HKSE commission increase. In fact most chinese counters are down 5% but JD holding steady along HK price. JD catalysts are still there - JD logisitics IPO, Hang Seng Index, Stock connect and upcoming earnings.
Also, Richard Liu, the CEO, is getting some nice media make over (read SCMP piece). This is no coincidence especially so close to Liang Hui next week.
You do your own trades and understand your own risks. As of now I am adding to these dips.
W
Very rough week and looks like we do not have good news. JD missed out on HSI inclusion this round (Alibaba Health got in + 2 others). Next opportunity will be in 3 months. Unfortunately, it didn't happen for us on Stock Connect too. A small and probably inconsequential good news is their component in HS Tech index increase from 5.41% to 6.98%. Bummer.
Next week is week before Liang Hui. You will hear more about China policy. A key thing to note is China central turning off some of the hot money. So trade safe.
M
Cathie Wood from Ark Funds bought another 200,000 shares today
W
Remember to place your bets for tomorrow. 1. JD into the Hang Seng index (high chance) 2. JD into Stock Connect (small chance). Announcement come after HKSE close. Also, I think the ER on the week after Liang Hui (Two Meeting) is very telling. If Richard Liu appear in the People's Hall next weekend, that means they have let him out of the dog house.
the 10 yr yield rate rising is not a negative indicator but shows economy is improving. Buyers will come in soon
S
I can’t wait to read the report in 2 weeks!! Hold tight pals, I’ve been holding since summer of 2018 (when google entered) and have no intention to sell!! Who else is here for the long term?
W
HKEX Index revision this Friday - JD should be added to the main index as it is one of the highest cap company trading there now. We will know Friday after HK close.
g
Need to close over $100 and be well positioned for the next leg up. JD is a solid co with potential of almost unlimited growth.
J
Does anyone know which broker offers JD call options? I am currently using Degiro, but I cannot find them
H
are they doin the selloff early in hk market so they can run up JD high after earnings release?
S
you're buying AMZN 2014
J
Powell did an excellent job being completely transparent with his intention to do whatever is necessary to support the economy.
Say what you will about more helicopter money, bond buying, and issuing more debt....At least there was nothing dovish about his speech & everyone has a clear directive on his intent.
Market loves certainty and that's precisely what we got from that meeting today!
j
Sell off because of increase in trading tax to increase revenues for the HK government. Hopefully this is a short term reaction only. Good luck.
R
Earnings is on Monday. I think this is the end of the line for many people. Unless there is a major pop after earnings, it's time to move on from this stock. I'm getting a bit sick and tired of the CEO spinning off small pieces and allocating himself 25% of the new company each time. I invested in JD which included Logistics, Health, Digits etc. I didn't invest so they can spin half of it piece by piece and erode my investment. This CEO needs to focus on investors and not on trying to become the Chinese John D Rockefeller.
J
Added more shares today I hope it pays off
S
Biggest e-commerce company in the biggest market that will dominate world....200+ PT
W
JD just submitted their IPO for JD Logistics targeting $40B valuation. Bookmaker include BOA Goldman and Haitong. 2020 Q3 revenue 49B RMB (USD10B) with 43.2% YoY growth.
Pre Market nice bump up by 4%. Remember, we are still waiting (and praying) for an imminent stock connect announcement. Looks like a good Year of OX bull-run.
r
Nobody can call JD a worthless company. 9.5 billion in cash and 3.3 billion free cash flow. That's no joke. These numbers will only grow overtime as JD gets even bigger. Those are solid numbers. So this company isn't insolvent nor it is not generating cash. Cash flow in the billions is a big deal and only makes me want to own more.
J
decided to wait to add to my holdings. Definitely bullish long term but just not sure if it's heading back to $110 or $80 short term
Also, Richard Liu, the CEO, is getting some nice media make over (read SCMP piece). This is no coincidence especially so close to Liang Hui next week.
You do your own trades and understand your own risks. As of now I am adding to these dips.
Next week is week before Liang Hui. You will hear more about China policy. A key thing to note is China central turning off some of the hot money. So trade safe.
JD is a solid co with potential of almost unlimited growth.
Say what you will about more helicopter money, bond buying, and issuing more debt....At least there was nothing dovish about his speech & everyone has a clear directive on his intent.
Market loves certainty and that's precisely what we got from that meeting today!
Pre Market nice bump up by 4%. Remember, we are still waiting (and praying) for an imminent stock connect announcement. Looks like a good Year of OX bull-run.