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JD.com's Hong Kong shares fall most in over 2 weeks, Nomura trims TP

Reuters2021-06-11

** Hong Kong shares of China's e-commerce company JD.com Inc fall 2.2% to HK$277.20, the lowest since May 25

** Stock ranks the fourth biggest decliner in the Hang Seng Tech Index and the sixth biggest loser in information technology sub-index

** Nomura maintains "buy" rating on JD but trims TP of its Hong Kong shares to HK$365 from HK$375 and its U.S. shares to $94 from $98, saying the tone about investment in community grocery group-buy $(CGG)$ business sounds more aggressive than originally thought

** JD's management has decided to ramp up investments in CGG space from 2Q, instead of taking a prudent approach on CGG investment which the market believes that JD was unlikely to invest as aggressively as its peers like Meituan and Pinduoduo - Nomura

** The Hong Kong Hang Seng sub-index tracking information technology firms gains 0.1%, while the Hang Seng Tech Index edges down 0.02%%

** The Hang Seng China enterprises index climbs 0.2%, and the bench mark index rises 0.3%

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评论16

  • 爱睡的雇主
    ·2021-06-12
    Hi
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  • wheregottime
    ·2021-06-11
    wgt
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  • wheregottime
    ·2021-06-11
    oh no
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  • e13v3n
    ·2021-06-11
    whats the reason for fall? 
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    收起
    • rae90
      hey ma n
      2021-06-15
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  • Cychu
    ·2021-06-11
    OMG
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  • scenichu
    ·2021-06-11
    [LOL] [LOL] [LOL] 
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  • nickname223
    ·2021-06-11
    Time to buy
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    • kyawkh
      really?
      2021-06-11
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  • allycat
    ·2021-06-11
    Time to buy
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  • Saba
    ·2021-06-11
    👌
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  • 783e34dc
    ·2021-06-11
    Ok
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    • li1986
      cool
      2021-06-11
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  • SHY86
    ·2021-06-11
    Tome to buy!!!
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  • Kay_L
    ·2021-06-11
    Comment and like pms. Thank you
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    • vannwongg
      done
      2021-06-11
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    • Kay_L
      thank you
      2021-06-13
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  • njkk
    ·2021-06-11
    Like and comment :)
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    • MrSoh
      Like And Comment
      2021-06-11
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    • IsaacHuat93
      Comment vack plS
      2021-06-11
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    • wangwang93
      please like and comment
      2021-06-11
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  • FIRE Trader
    ·2021-06-11
    Comment and like pls
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    • njkk
      Like and comment :)
      2021-06-11
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    • Huathk
      Gd
      2021-06-13
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  • Traditional
    ·2021-06-11
    Meme
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    • njkk
      Like and comment :)
      2021-06-11
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    • 70915099
      [开心]
      2021-06-11
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    • 70915099
      [开心]
      2021-06-11
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    查看更多 1 条评论
  • 987ce65
    ·2021-06-11
    [难过] 
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    • SHY86
      Ha
      2021-06-11
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