JD.com (JD US) Target Price US52.00(PreviousTPUS52.00) Up/Downside 142.5% Current Price US21.44ChinaInternetSaiyiHE,CFA(852)39161739hesaiyi@cmbi.com.hkYeTAOfranktao@cmbi.com.hkWentaoLU,CFAluwentao@cmbi.com.hkStockDataMktCap(US mn) 33,993.1 Avg 3 mths t/o (USmn)354.752wHigh/Low(US) 46.98/21.44 Total Issued Shares (mn) 1585.5 Source: FactSet Shareholding Structure Richard Qiangdong Liu 13.8% Max Smart Limitied 13.3% Source: HKEx Share Performance Absolute Relative 1-mth -11. ...