JD Jan 2024 97.500 call
| Previous close | 5.55 |
| Open | 5.55 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 97.50 |
| Expiry date | 2024-01-19 |
| Day's range | 5.55 - 5.55 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
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JD earnings call for the period ending March 31, 2023.
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China's gross domestic product rose 4.5% in the first quarter of 2023, beating the consensus forecast for 3.4% growth, as the country bounced back from the pandemic-related lockdowns that finally ended in late 2022. Two potential plays on that recovery are Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD), the two largest e-commerce companies in China. Alibaba and JD still trade about 70% and 60% below their all-time highs, respectively, but they both look cheap -- Alibaba trades at just 11 times forward earnings, while JD has a forward price-to-earnings ratio of 14.
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