Group 1 - JD.com reported fourth-quarter earnings per share of RMB0.57, missing the consensus estimate of RMB0.67 [1] - Revenue for the quarter increased 1.5% year over year to RMB352.28 billion, roughly matching the consensus forecast of RMB352.89 billion [1] - Shares of JD.com edged about 1% lower intra-day following the earnings report [1] Group 2 - Adjusted EBITDA for the fourth quarter was negative RMB0.8 billion, compared to positive RMB12.5 billion in the same period a year earlier [2] - The non-GAAP EBITDA margin stood at negative 0.2%, down from 3.6% in the fourth quarter of the previous year [2] - JD Retail reported operating income of RMB9.8 billion during the quarter, slightly lower than RMB10.0 billion a year earlier, with an operating margin of 3.2% compared to 3.3% in the fourth quarter of the previous year [2]

There are times when you get into a stock too early and times when you sell out too late. The timing in which we should be buying or selling stocks can be veryI’m a Portfolio manager (flexible equity funds and private clients), fundamental equity research, macro and geopolitical strategy.Over 10 years across global markets, managing multi-asset strategies and equity portfolios at a European asset manager.I combine top-down macro, bottom-up stock selection and real-time positioning (Bloomberg, models, data). ...

Core Viewpoint - The stock has experienced a significant decline, losing three quarters of its value over the last five years, with no indication of recovery in sight [1] Summary by Relevant Sections - Stock Performance - The stock has lost 75% of its value over the past five years, indicating a severe downturn [1] - Market Outlook - There appears to be no end to the stock's decline, suggesting ongoing challenges for the company [1]

U.S.-listed Chinese tech stocks slid Thursday morning. Beijing's cautious 2026 economic growth target rattled traders before the opening bell.Beijing Cuts Growth Ambitions to 4.5–5%China set its 2026 Gross Domestic Product growth target at 4.5% to 5%. That marks the lowest level since Beijing began publishing such figures in the early 1990s.Chinese Premier Li Qiang described the current climate as exceptionally "grave and complex." He cited intertwined external shocks, domestic challenges, and difficult pol ...

3月5日，京东集团发布2025年四季度及全年业绩。 2025年四季度，京东集团实现收入3523亿元；全年收入13091亿元，较2024年增长约13.0%。不过，由于新业务投入，京东集团利润出现下降。 财报显示，2025年全年非美国通用会计准则下（Non-GAAP）净利润270亿元，2024年全年为478亿元。非美国通用会计准则下经营利润2025年全 年为96亿元，2024年全年为440亿元。非美国通用会计准则下经营利润率2025年全年为0.7%，2024年全年为3.8%。 核心业务方面，京东零售2025年实现收入11264亿元，2024年为10159亿元。2025年全年录得经营利润人民币514亿元（74亿美元），2024年全年 为人民币411亿元。京东零售经营利润率2025年全年为4.6%，2024年全年为4.0%。 "我们以符合预期的四季度业绩收官2025年，全年表现依然稳健。"京东集团首席执行官许冉表示："我们在四季度及全年持续看到用户数量强劲 增长及购物频率提升。尽管行业竞争激烈，我们的核心零售业务显现韧性，全年收入及经营利润均实现双位数增长。新业务按照战略规划推进， 自成立以来，京东外卖规模稳步扩大的 ...

JD.com (NasdaqGS:JD) Q4 2025 Earnings call March 05, 2026 07:00 AM ET Speaker3Hello, and thank you for standing by for JD.com's fourth quarter and full year 2025 earnings conference call. At this time, all participants are in listen-only mode. After management's prepared remarks, there will be a question-and-answer session. Today's conference is being recorded. If you have any objections, you may disconnect at this time. I would now like to turn the meeting over to your host for today's conference, Sean Zha ...

JD Logistics (SEHK:02618) Q4 2025 Earnings call March 05, 2026 07:00 AM ET Speaker3Hello, thank you for standing by for JD.com's fourth quarter and full year 2025 earnings conference call. At this time, all participants are in listen-only mode. After management's prepared remarks, there will be a question-and-answer session. Today's conference is being recorded. If you have any objections, you may disconnect at this time. I would now like to turn the meeting over to your host for today's conference, Sean Zh ...

Exhibit 99.1 JD.COM ANNOUNCES FOURTH QUARTER AND FULL YEAR 2025 RESULTS, AND ANNUAL DIVIDEND Beijing, China—March 5, 2026—JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter), the "Company" or "JD.com"), a leading supply chain-based technology and service provider, today announced its unaudited financial results for the three months and the full year ended December 31, 2025 and an annual cash dividend for the year ended December 31, 2025. Fourth Quarter and Full Year 2025 Highlights ...

The following document has been prepared by JD.com, Inc. ("JD" or the "Company") solely for informational purposes and should not be construed to be, directly or indirectly, in whole or in part, an offer to buy or sell and/or an invitation and/or a recommendation and/or a solicitation of an offer to buy or sell any security or instrument or to participate in any investment or trading strategy, nor shall any part of it form the basis of, or be relied on in connection with, any contract or investment decision ...

据新华社援引伊朗媒体报道，伊朗伊斯兰革命卫队5日说，在战争时期，伊朗有权控制霍尔木兹海峡的通行和 航行，美国、以色列和欧洲国家船只被禁止通行。伊朗伊斯兰革命卫队表示，属于美国、以色列、欧洲国家及 其支持者的军用和商用船只等被禁止通过霍尔木兹海峡，"如果被伊朗伊斯兰革命卫队发现，必将遭到打击"。 伊朗伊斯兰革命卫队还说，其海军战斗机当天清晨在波斯湾北部击中了一艘美国油轮，"该油轮目前正在燃 烧"。另据伊朗多家媒体5日援引一名伊朗军官的话报道说，伊朗并未关闭霍尔木兹海峡。这名伊朗军官说，伊 朗按照国际协议对待过境船舶，"只针对伪装成商船的军舰进行拦截"。 ★ 宏观动态 ★ 央行：3月6日将开展8000亿元买断式逆回购操作 中国人民银行公告，为保持银行体系流动性充裕，2026年3月6日，中国人民银行将以固定数量、利率招标、多 重价位中标方式开展8000亿元买断式逆回购操作，期限为3个月（91天）。 粮食产能新目标：1.45万亿斤左右 "十五五"规划纲要草案明确提出，粮食产能要达到1.45万亿斤左右。专家表示，设定这一目标意义重大，要把 粮食安全的主动权攥得更紧更牢。 伊朗：禁止美以欧船只通过霍尔木兹海峡 ★ 金融机 ...