JD.com Could Continue to Benefit From China's Consumption Stimulus -- Market Talk

Dow Jones

Mar 03, 2025

0539 GMT - JD.com could continue to be a key beneficiary of China's consumption stimulus in 2025, Barclays analysts say in a research note. The Chinese tech giant's 4Q revenue could record its fastest on-year growth in over two years, supported by government policies and subsidies to stimulate consumption, they say. With expected strong 4Q revenue and government support, marketing expenses and promotions could trend below expectations, driving upside in margins and profits, they say. "We expect JD's sales momentum to continue at least for a couple of more quarters after the strong 4Q growth, catching the subsidy tailwind," they note. Barclays maintains an overweight call on JD and raises its ADR target price to $55.00 from $50.00. The ADRs last closed at $41.90.(sherry.qin@wsj.com)

(END) Dow Jones Newswires

March 03, 2025 00:39 ET (05:39 GMT)

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The Chinese tech giant's 4Q revenue could record its fastest on-year growth in over two years, supported by government policies and subsidies to stimulate consumption, they say. With expected strong 4Q revenue and government support, marketing expenses and promotions could trend below expectations, driving upside in margins and profits, they say. \"We expect JD's sales momentum to continue at least for a couple of more quarters after the strong 4Q growth, catching the subsidy tailwind,\" they note. Barclays maintains an overweight call on JD and raises its ADR target price to $55.00 from $50.00. The ADRs last closed at $41.90.(sherry.qin@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 03, 2025 00:39 ET (05:39 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JD.com Could Continue to Benefit From China's Consumption Stimulus -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJD.com Could Continue to Benefit From China's Consumption Stimulus -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-03 13:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0539 GMT - JD.com could continue to be a key beneficiary of China's consumption stimulus in 2025, Barclays analysts say in a research note. The Chinese tech giant's 4Q revenue could record its fastest on-year growth in over two years, supported by government policies and subsidies to stimulate consumption, they say. With expected strong 4Q revenue and government support, marketing expenses and promotions could trend below expectations, driving upside in margins and profits, they say. \"We expect JD's sales momentum to continue at least for a couple of more quarters after the strong 4Q growth, catching the subsidy tailwind,\" they note. Barclays maintains an overweight call on JD and raises its ADR target price to $55.00 from $50.00. The ADRs last closed at $41.90.(sherry.qin@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 03, 2025 00:39 ET (05:39 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0588545730.USD","symbol_name":"EASTSPRING INVESTMENTS ASIAN EQUITY INCOME \"ADM\" (USD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2516574400","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2516574400","pubTimestamp":1740980340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0539 GMT - JD.com could continue to be a key beneficiary of China's consumption stimulus in 2025, Barclays analysts say in a research note. The Chinese tech giant's 4Q revenue could record its fastest on-year growth in over two years, supported by government policies and subsidies to stimulate consumption, they say. With expected strong 4Q revenue and government support, marketing expenses and promotions could trend below expectations, driving upside in margins and profits, they say. \"We expect JD's sales momentum to continue at least for a couple of more quarters after the strong 4Q growth, catching the subsidy tailwind,\" they note. Barclays maintains an overweight call on JD and raises its ADR target price to $55.00 from $50.00. 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The Chinese tech giant's 4Q revenue could record its fastest on-year growth in over two years, supported by government policies and subsidies to stimulate consumption, they say. With expected strong 4Q revenue and government support, marketing expenses and promotions could trend below expectations, driving upside in margins and profits, they say. \"We expect JD's sales momentum to continue at least for a couple of more quarters after the strong 4Q growth, catching the subsidy tailwind,\" they note. Barclays maintains an overweight call on JD and raises its ADR target price to $55.00 from $50.00. The ADRs last closed at $41.90.(sherry.qin@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 03, 2025 00:39 ET (05:39 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}