UB#JDCOMRC2805T

PUXING ENERGY

STARCOIN GROUP

KNOWLEDGE ATLAS

EASY SMART GP

WORLD SUPER

XL2CSOPSMSN-U

PPS INT'L

LAP KEI ENGRG

CHINA FORTUNE

XL2CSOPSMSN

STECH

00HSI

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09618

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The Hong Kong stock market fluctuated repeatedly, with the Hang Seng Index closing up 37 points at 24,788 points. The National Index and the Hang Seng TECH Index fell by 24 points and 40 points, respectively. JD plans to issue RMB senior notes, with its stock price rising slightly. Alibaba launched a new model, leading to a decline in its stock price. Technology stocks showed mixed performance, with some rising and others falling. Tian Shu Zhi Xin's annual losses widened, resulting in a significant drop in its stock price. COWELL's annual net profit increased by 65%, and its stock price rose by 11.2%

AASTOCKS

Hang Seng TECH Index

Hang Seng Index

MIDEA GROUP

COWELL

BOC HONG KONG

HANSOH PHARMA

JD-SW

CSOP HSI ETF

"Hong Kong Stocks" The Hang Seng Index closed up 37 points, HANSOH PHARMA and MIDEA rose sharply, BOC HONG KONG increased by over 5%

02618

JD.com, Inc. plans to issue CNY-denominated senior unsecured notes in offshore markets to refinance debt. The proceeds will be used for general corporate purposes, including repaying existing debt and servicing interest obligations. This move highlights JD.com's strategy to manage its capital structure and broaden funding channels. The company aims to improve its debt profile and financial flexibility. The latest analyst rating for JD.com stock is a Buy with a price target of HK$141.00.

- JD.com, Inc. plans to issue CNY-denominated senior unsecured notes in offshore markets to non-U.S. investors, aiming to manage its capital structure and widen funding channels.  
- The proceeds will be used for general corporate purposes, including repaying existing debt and interest obligations, which may enhance its debt profile and financial flexibility.  
- Analyst ratings for JD.com suggest a Buy with a price target of HK$141.00, reflecting confidence in the company's operational and strategic initiatives.

Tip Ranks

JD LOGISTICS

KraneShares 2x Long JD Daily ETF

JD.com

JD.com Plans Offshore CNY Bond Offering to Refinance Debt

EBIZ

06618

JD.com plans to issue RMB-denominated senior notes

Wallstreetcn

Global X E-commerce ETF

JD HEALTH

JD.com Announces Proposed Offering of CNY-denominated Senior Notes | JD Stock News

StockTitan

JD.com Announces Proposed Offering of CNY-denominated Senior Notes | JD Stock News

BABA

02068

00700

01024

09992

01929

00883

03690

09926

On March 30, intraday sentiment in the Hong Kong stock market was weak, with the three major indices collectively pulling back. The Hang Seng TECH Index fell by 2.90%. The internet, retail, and jewelry sectors led the market decline, with Tencent Holdings and Alibaba both dropping over 3%, and MEITU plunging over 8%. Despite the market pressure, CHALIECO rose nearly 20% against the trend. Market turnover was concentrated in technology heavyweight stocks, reflecting that funds remained active in trading amidst the adjustment

- As of March 30, Hong Kong stocks faced pressure, with major indices retreating amidst weak market sentiment.  
- The Hang Seng Index fell by 1.92% to 24,473.42, while the Hang Seng Tech Index dropped 2.90%, indicating a lack of upward momentum.  
- Investors are closely monitoring export and retail data, with macroeconomic pressures impacting market revaluation based on economic recovery pace and policy signals.

Market Heartbeat

Alibaba

CHALIECO

TENCENT

KUAISHOU-W

MNSO

CTG DUTY-FREE

POP MART

CHOW TAI FOOK

CALB

BYD COMPANY

YOFC

CNOOC

XIAOMI-W

MEITUAN

SMIC

AKESO

CSOP HS TECH

MEITU

Hong Kong Stocks Intraday | Hong Kong Stocks Slide Intraday; Tech Index Drops 2.90%, CHALIECO Rises Against the Trend

06993

JD Supermarket and BLUE MOON GROUP have signed a strategic cooperation agreement, planning to achieve sales of 5 billion RMB for BLUE MOON on JD within three years. Both parties will conduct in-depth cooperation in areas such as product operation, omnichannel layout, green sustainable development, and brand co-construction, promoting the development of BLUE MOON's Supreme Concentrated + series products, and enhancing cooperation effectiveness through marketing activities and mutual access to membership systems

BLUE MOON GROUP

JD Supermarket partners with BLUE MOON GROUP, aiming to achieve a sales target of 5 billion RMB within three years

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06160

09888

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As of noon, the three major indices of the Hong Kong stock market rose collectively, with the Hang Seng Index approaching the 24,993-point mark and the Hang Seng Tech Index returning above 4,811 points. Market sentiment is relatively stable, with heavyweight and tech stocks resonating upward. In terms of sectors, the restaurant and retail industries performed strongly, with Haidilao leading the midday gains at 6.47%, and core assets such as Meituan and BYD leading in trading volume. Investors are closely monitoring macroeconomic data and performance guidance from core sectors, with overall market trading remaining active

- As of March 27, 2026, Hong Kong’s stock market indices showed positive movement, with the Hang Seng Index at 24,993.64, up 0.55%.  
- Notable performances included Haidilao, which rose 6.47%, reflecting recovering demand in the restaurant sector, while macroeconomic indicators are drawing investor focus.  
- The trading volume highlighted major players, including Meituan and Tencent, with respective figures of 62.41 billion HKD and 59.09 billion HKD amid mixed sector performance.

HAIDILAO

BEONE MEDICINES

BIDU-SW

TIANQI LITHIUM

LI AUTO-W

SENSETIME-W

Hong Kong Stock Midday Review | Hang Seng Index Approaches 25,000 Points, Strong Performance in Dining Retail with Haidilao Up 6.47%

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GANFENGLITHIUM(01772) rose 3.74%, with a trading turnover 1.4 Billion HKD, and a year-to-date rose 30.9%. CNOOC(00883) rose 2.53%, with a trading turnover 4.5 Billion HKD, and a year-to-date rose 37.2%. KUAISHOU-W(01024) fell 14.04%, with a trading turnover 9.1 Billion HKD, and a year-to-date fell 28.7%. POP MART(09992) fell 10.46%, with a trading turnover 15.4 Billion HKD, and a year-to-date fell 19.7%.

- The Hang Seng Index fell by 1.89% and has decreased by 3% year-to-date.  
- The Hang Seng Tech Index dropped 3.28%, with a year-to-date decline of 13.7%.  
- Notably, Ganfeng Lithium and CNOOC showed gains of 3.74% and 2.53% respectively, while Kuaishou and Pop Mart experienced significant losses of 14.04% and 10.46%.

Top Gainers & Losers

GANFENGLITHIUM

PETROCHINA

EASTROC

MINIMAX-W

Top 5 HK Stock Gainers/Losers (>100B) (3.26)

09988

On March 26, the three major Hong Kong stock indices collectively retreated, with the HSI closing down 1.89% and the Hang Seng Tech Index falling 3.28%. Market sentiment for taking profits at high levels was strong, with Kuaishou plunging over 14% and Pop Mart dropping more than 10%. The overall market trended toward caution amid macroeconomic external demand pressure and insufficient consumption momentum, with capital concentrating in energy leaders and certain stocks with unusual performance results

- On March 26, Hong Kong's major indices declined, with the Hang Seng Index closing at 24,856.43, down 1.89%.  
- Retail sectors like jewelry and toys struggled due to weak consumer demand, while tech stocks fell significantly, especially Kuaishou, which dropped 14.04%.  
- Investors are focused on economic data related to trade and monitoring the uncertain external environment and its impact on local consumption and risk appetite.

NTES-S

BABA-W

KINGSOFT

DELTON

LENOVO GROUP

LEAPMOTOR

CHINA LIFE

Hong Kong Stocks Close | HSI Falls 1.89% as Kuaishou and Pop Mart Plunge

The Hang Seng Index opened down 68 points at 25,267 points, and the National Index opened down 34 points at 8,547 points. KUAISHOU's stock price fell nearly 10%, while JD opened up 2.5%. Technology stocks generally opened lower, with Tencent down 0.9%. Individual stocks such as Kingsoft, Kingsoft Cloud, and Suoteng Juchuang opened higher. The market is focused on the possibility of a meeting between the U.S. and Chinese presidents and a ceasefire agreement between the U.S. and Iran

"Hong Kong Stocks" Hang Seng Index opened down 68 points, KUAISHOU fell nearly 10%, JD continued to rise

BABX

IBUY

MPNGY

ONLN

The article points out that the chaos of "AB goods" in e-commerce is a persistent problem in the industry that needs to improve traffic rules. The National Development and Reform Commission and other departments will implement the "Rules on Price Behavior of Internet Platforms" on April 10, requiring regulatory authorities to refine standards, unblock complaint channels, and form a long-term restraint mechanism. At the same time, e-commerce platforms need to adjust their traffic allocation mechanisms, pay attention to quality, service, and user reputation, and strengthen their review and supervision responsibilities for merchants

SPDR S&P Retail ETF

BABA 2x Long Daily ETF - GraniteShares

Krne Csi China Internet

KraneShares 2x Long PDD Daily ETF

Amplify Online Retail ETF

VanEck Retail ETF

Meituan

ProShares Online Retail

Economic Daily: Cracking Down on E-commerce "AB Goods" Requires Genuine Effort

Featured

$JD-SW(09618.HK)The “Unloved” Giant is Waking Up. Why I am Bullish on JD.com (9618.HK) 🚀The charts and the fundamentals are finally aligning. If you have been waiting for a “Deep Value” entry, the time is now. Here’s are the breakdown:The Technical Snapshot (4H Chart):❤️Bollinger bands: lt is expanding and just broken the upper resistance, signaling the end of the consolidation phase.❤️RSI level: Gaining strength , at 53.83, and healthy momentum with zero “overbought” exhaustion. ❤️Support: The 20-period SMA is holding firm as a new floor. This indicates that buyers are stepping in earlier and earlier, a sign of strong accumulation.The Fundamentals (Building Fortress)❤️Valuation: Trading at a P/B of 1.29x. You’re buying the assets and getting the business for $0.❤️Dividend Alert: Ex-date is April 8th. Dividend yield 3.52%. Secure your dividend at US$0.50 per share (~HK$3.98) payout.❤️Liquidity: 72% Cash-to-Equity ratio. JD is not just surviving the price war; they are funded to win it.❤️ Earnings Inflection Coming- Investments expected to slow- Margins likely to recover into 2026–27 - EPS growth ~20%+ CAGRMy Verdict The market has priced JD for disaster, but the balance sheet is built for a recovery. The chart shows the “smart money” is already moving in. 📍 Support to watch: ~$111-112 HKD📍 Resistance to clear: ~$115-116 HKDTrade safety, stay vigilant and be prudent in this turbulent market.😁

JD-SWR

JD HK SDR 10to1

📈 Share your trades, earn SGD $2 per post! 
How to join: post your P/L + 20-word insight in English
Learn, connect, and cash in! 🚀

📈 Share your trades, earn SGD $2 per post! How to join: post your P/L + 20-word insight in English Learn, connect, and cash in! 🚀

Trade Showcase

By far the biggest news in China overnight is the Economic Daily article titled &#34;The Takeout War is Over&#34; leading to a strong rally in $Alibaba(BABA.US) and $JD.com(JD.US)&#39;s HK shares in afternoon trading. The restaurant delivery war has weighed heavily on the bottom lines of the companies.@Bridge Buzz SG

BABA-WR

Alibaba HK SDR 5to1

Financial Analysis

Pre-market tonight (Mar 25), $PDD(PDD.US) released Q4 2025 results. Once the year's wild card on earnings, the company has now delivered two straight quarters broadly in line with the Street. PDD is now arguably the most focused, pure-play, value-driven e-commerce player in China.In detail: 1) Total revenue growth showed some recovery, weak at home and strong overseas. Revenue came in at approx. RMB 123.9bn (+12% YoY), roughly in line with expectations. Growth accelerated vs. last quarter, with a softer domestic contribution (Q4 was weak across e-com) ...

PDD: Has the Maverick Gone Mediocre?---

Pop Mart

Conference Minutes

Below is Dolphin Research's Trans of the FY25 earnings call for $POP MART(09992.HK). This section provides a recap of the core takeaways.1) Shareholder returns: the company plans to distribute 25% of net income attributable to shareholders as dividends. This implies a total payout of RMB 3.194bn and DPS of RMB 2.38.2) Guidance: for 2026, management targets revenue growth of at least 20%, prioritizing healthy, sustainable growth over aggressive expansion. It aims to avoid revenue growth without profit. The company will add quarterly business updates in May and Nov to increase disclosure frequency...

Sony

Sony Group Corporation

POP MART HK SDR 20to1

ByteDance

POP MART (Trans): 2026 'pit stop to refuel and change tires'

Forwarding a news piece today that had a major impact on the Hang Seng 'Food Delivery' Index. The crux: the State Administration for Market Regulation reposted an Economic Daily op-ed arguing the 'food-delivery price war' should end soon. Of course, this is not the first such line from state media, nor an official SAMR stance; it was merely a repost, though it may hint at regulators' leanings.However, Dolphin Research believes that unless regulators step in and forcefully halt delivery subsidies, competition will still be driven by companies' own goals and appetite. As such, the actual impact of this 'signal' is uncertain; it mainly lifts sentiment and could accelerate participants' subsidy rollbacks and loss reduction. $Alibaba(BABA.US) $MEITUAN(03690.HK) $JD.com(JD.US)

Meituan HK SDR 5to1

Laopu Gold 

Below is Dolphin Research's Trans from Laopu Gold's 2H2525 earnings call. For the earnings analysis, please see 'Laopu Gold: High-price follow-on; the Hermes of gold's big bet paid off!'

LAOPU GOLD

ETFS Capital Ltd.

Gold.com

HANG LUNG PPT

HANG LUNG GROUP

Laopu Gld HK SDR 50to1

Laopu Gold (Trans): Target GPM to stay at 40%-43%

With a two-track push in food delivery and AI, $Alibaba(BABA.US) released FY26 Q3 results pre-mkt tonight (Mar 19).From an expectations lens, aside from softer Intl commerce growth and deeper losses in other segments, the print broadly tracked the recently lowered guidance.In absolute terms, however, performance was weak.As the tailwind from state subsidies and the monetization uptick cycle largely faded, core commerce growth slowed markedly.The bright spot was Alibaba Cloud, which continued to post solid growth.Bloomberg consensus was not timely updated this quarter, so its reference value is limited...

Shopify 

BABA: E-com slips again; AI is the only lifeline---

Every new discussion zone marks a new step in the growth of our community. Here, you’ll find the latest unlocked stock discussion zones and connect with fellow investors. Thank you for being part of this journey — let’s grow together! 🚀

Every new discussion zone marks a new step in the growth of our community. Here, you’ll find the latest unlocked stock discussion zones and connect with fellow investors. Thank you for being part of this journey — let’s grow together! 🚀

NewDiscussionZones

$JD.com(JD.US) is successfully shedding its label as a purely asset-heavy, first-party retailer. The brightest spot in Q4 was a 20% surge in services revenue, reaching RMB 79.3 billion. Powered by AI algorithm optimizations, platform and advertising revenue jumped 15%. This high-margin growth engine successfully offset the 12% macro- and high-base-driven decline in electronics and home appliances. Furthermore, high-frequency general merchandise posted a robust 12.1% growth, significantly optimizing the revenue mix.To reclaim mindshare in lower-tier markets and on-demand retail, the new business segment saw revenue skyrocket 200.9% to RMB 14.1 billion in Q4. However, this came at a steep cost: an operating loss of RMB 14.8 billion (compared to a sub-RMB 1 billion loss a year ago). This is a double-edged sword: it signals a fierce commitment to defending market share, but it remains the most glaring financial red flag. Management indicated that investments here may taper off in 2026, suggesting the peak of the cash burn might be over, though this requires strict verification in upcoming quarters.@Bridge Buzz SG

$JD-SW(09618.HK)Based on the most recent market data and research reports, JD.com is receiving unanimous analyst support:🎯 This Month’s Ratings:9 BUY | 0 HOLD | 0 SELLKey Investment Highlights:✅ Shareholder Returns:~10% annualised return through buybacks + dividends (Haitong International)✅ Earnings Beat: Adjusted net profit exceeded expectations, driven by service revenue growth✅ Growth Catalysts:- Acceleration expected in H2 2026- Focus on 3C electronics core- Expansion into AI-powered retailBottom line:Analysts see strong value ahead. What’s your take on JD’s AI retail strategy?

The increase in universal tariff will deal another blow to the market on top of the war.

A massive Thursday unfolds as geopolitical tremors shake markets, the Fed gets a new nominee, and crypto explodes higher. Here's your essential briefing:

UB#JDCOMRC2805T(60324.HK)

UB#JDCOMRC2805T Stock Performance Chart

"Hong Kong Stocks" The Hang Seng Index closed up 37 points, HANSOH PHARMA and MIDEA rose sharply, BOC HONG KONG increased by over 5%

JD.com Plans Offshore CNY Bond Offering to Refinance Debt

JD.com plans to issue RMB-denominated senior notes

JD.com Announces Proposed Offering of CNY-denominated Senior Notes | JD Stock News

Hong Kong Stocks Intraday | Hong Kong Stocks Slide Intraday; Tech Index Drops 2.90%, CHALIECO Rises Against the Trend