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Weekly Recap | JD-SW -1.53%, EU deal approval nears
Weekly Review·- JD-SW accumulated a weekly decline of 1.53% to close at 102.9 HKD, outperforming the Hang Seng Index by approximately 1.19 percentage points amid a fluctuating market. - The company is reportedly poised to receive European Union approval for its transaction related to Ceconomy, while institutions maintain a consensus buy rating with a target price of 151.63 HKD. - Market focus shifts to macroeconomic recovery, financial sector stability in Hong Kong, and whether JD-SW can reclaim its 20-day moving average.
