Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
09618 JD-SW
RTNominal up113.000 +1.800 (+1.619%)
Research Report

14/04/2021 11:13

{I-bank focus}Daiwa lowers JD (09618) to HK$425

[ET Net News Agency, 14 April 2021] Daiwa lowered its target price for JD (09618) to
HK$425 from HK$465 and maintained its "buy" rating.
The research house as JD is stepping up its investment to capture the demand in
online groceries, it lowers its non-GAAP net income forecast for 1Q21 and now expects the
2021 non-GAAP net margin to see a YoY contraction. Nonetheless, it believes JD's leading
position in the online grocery retail business and reinvestment strategy will drive robust
top-line momentum and present upside risk to its 2021 revenue consensus estimate and drive
at least 20% YoY revenue growth over 2021-23E. (RC)

Back to Research Report

Remark: Real time quote last updated: 25/04/2024 10:31
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.