Chinese stocks have struggled, as indicated by the downtrend in the Shanghai index. It’s also noteworthy that the index has remained sideways (amid volatility) in the last five years. The reasons for depressed valuations include macroeconomic challenges and geopolitical factors.However, there is no doubt that several quality stocks in the Chinese market have overreacted on the downside. Valuations generally look attractive, and it’s a good time for selected exposure to Chinese stocks.Once the index sentimen ...

JD.com, Inc. (JD) closed the most recent trading day at $23.96, moving +0.71% from the previous trading session. This change lagged the S&P 500's 2.11% gain on the day. Meanwhile, the Dow gained 1.18%, and the Nasdaq, a tech-heavy index, added 2.96%.Shares of the company witnessed a gain of 0.81% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 4.94% and the S&P 500's gain of 3.08%.Market participants will be closely following the financial results of JD.com, ...

BEIJING, Feb. 22, 2024 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), a leading supply chain-based technology and service provider, today announced that it plans to release its unaudited fourth quarter and full year 2023 financial results on Wednesday, March 6, 2024, before the U.S. market opens. JD.com’s management will hold a conference call at 7:00 am, Eastern Time on March 6, 2024, (8:00 pm, Beijing/Hong Kong Time on March 6, 2024) to discuss the four ...

BEIJING, Feb. 22, 2024 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), a leading supply chain-based technology and service provider, today announced that it plans to release its unaudited fourth quarter and full year 2023 financial results on Wednesday, March 6, 2024, before the U.S. market opens. JD.com’s management will hold a conference call at 7:00 am, Eastern Time on March 6, 2024, (8:00 pm, Beijing/Hong Kong Time on March 6, 2024) to discuss the four ...

Shares of JD.com (JD -4.09%) fell 4.1% on Tuesday, following reports that the Chinese e-commerce leader is mulling whether to make a bid to acquire British electronics retailer Currys. The move would spark a potential bidding war with U.S.-based activist investor Elliott Advisors.Is a bidding war brewing for Currys?On Saturday, Currys rejected an initial $883 million acquisition offer from Elliott Management, arguing the potential cash offer "significantly undervalued" the company. Currys operates around 30 ...

The latest showdown between the U.S. and China may take place on the British high street.Shares in London-listed Currys CURY, +37.64% surged 37% on Monday after Chinese e-commerce giant JD.com said it was considering an offer for the struggling U.K. electrical goods retailer.The announcement raises the prospect of a bid battle with Elliott Investment Management after the U.S. hedge fund and private equity group said over the weekend it was considering making a 62 pence cash offer for Currys that valued the ...

APEC Economic Leaders Week In San Francisco Kent Nishimura/Getty Images NewsThis week, all eyes are on Chinese ADRs. Yesterday, Alibaba Group Holding (BABA) reported its earnings for the quarter ended December 31, and announced a $25 billion increase in buybacks. Analysts expected that Alibaba would reveal $36.4 billion in revenue and $2.64 in earnings per share (“EPS”) in Q4. The company actually did $36.66 billion in revenue (up 2.1% or 5% in constant currency), and $2.67 in EPS, beating both estimates. ...

In the latest market close, JD.com, Inc. (JD) reached $22.38, with a +1.5% movement compared to the previous day. This move outpaced the S&P 500's daily gain of 0.57%. At the same time, the Dow lost 0.14%, and the tech-heavy Nasdaq gained 1.25%.Heading into today, shares of the company had lost 13.16% over the past month, lagging the Retail-Wholesale sector's gain of 6.4% and the S&P 500's gain of 5.07% in that time.Analysts and investors alike will be keeping a close eye on the performance of JD.com, Inc. ...

JD.com, Inc. (JD) closed the latest trading day at $23.93, indicating a +1.4% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 0.53%. Elsewhere, the Dow saw an upswing of 0.64%, while the tech-heavy Nasdaq appreciated by 0.19%.The company's shares have seen a decrease of 14.96% over the last month, not keeping up with the Retail-Wholesale sector's gain of 0.63% and the S&P 500's gain of 2.48%.The upcoming earnings release of JD.com, Inc. will be of ...

Identifying the next big wave is crucial for maximizing returns among investment opportunities. This article delves into three potential 5X emerging market stocks that could reach the mark by 2027.The first one, the technology powerhouse, exhibits robust financials and a strategic roadmap in semiconductor technology. Meanwhile, the second one, a key player in materials, showcases operational excellence and a focus on green initiatives, setting the stage for substantial growth. The third one, the e-commerce ...