News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>CCBI Chops JD-SW (09618.HK) TP to $191.1, Cuts Earnings Forecasts to Reflect Food Delivery Investment
JD-SW (09618.HK) achieved a solid beat in 1Q25, with focus now shifting to its latest food delivery business expansion progress, which is currently surpassing expectations, CCBI re...
Reset
Send
The window will close in 5 seconds
<Research>CCBI Chops JD-SW (09618.HK) TP to $191.1, Cuts Earnings Forecasts to Reflect Food Delivery Investment
Close
Recommend
19
Positive
29
Negative
15
 
SHORT SELL
 
STOCK INFO

JD-SW (09618.HK)  -3.600 (-2.659%)    Short selling $199.78M; Ratio 7.301%   achieved a solid beat in 1Q25, with focus now shifting to its latest food delivery business expansion progress, which is currently surpassing expectations, CCBI released a research report saying.

In just 3 months since the business launched in mid-February, daily order volume has approached 20 million orders, about a third of MEITUAN-W (03690.HK)  -4.000 (-2.954%)    Short selling $1.59B; Ratio 19.922%   's order volume in 2024, allowing JD-SW to gain over 20% market share.

Related NewsCiti Adds JD.com (JD.US) TP to USD52, Rating Buy
To account for higher food delivery investment, CCBI lowered its 2025-2027 earnings forecasts for JD-SW by 21%/ 13%/ 7% each, and assumed a loss of approx. RMB20 billion in the food delivery business for 2025. The broker also chopped its target price from $213 to $191.1, reflecting the adjustments in earnings forecasts.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 16:25.)

AAStocks Financial News
Website: www.aastocks.com
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.