Hu Xiu·2025-09-10 09:06Core Viewpoint - Liu Qiangdong's acquisition of Hong Kong's Jia Bao Supermarket for HKD 4 billion marks a significant shift in the retail landscape, with 90 stores rebranded under JD's name and aggressive promotional pricing attracting consumers [1] Company Summary - JD has rapidly rebranded 90 Jia Bao Supermarket locations, indicating a strong commitment to expanding its presence in the Hong Kong retail market [1] - The promotional strategy includes a three-day 20% discount across all products, with specific items like grapes priced at HKD 8 per pound and laundry detergent prices halved, showcasing JD's competitive pricing approach [1] Industry Summary - This acquisition poses a direct challenge to Li Ka-shing's long-established retail empire in Hong Kong, suggesting a potential transformation in the local retail sector [1] - The immediate consumer response, characterized by long queues and high demand, indicates a shift in shopping behavior and preferences among Hong Kong residents [1]