Daiwa released a research report forecasting JD-SW (09618.HK) 0.000 (0.000%) Short selling $119.95M; Ratio 10.683% (JD.US) 's 2Q25 retail revenue to grow by 15.3% YoY, with operating margin stabilizing at around 4%. Benefiting from China's subsidy policy and better 618 shopping festival performance than 2024, sales growth in electronics and home appliances are expected to be faster than that of general merchandize during the period.Related NewsCiti Expects JD-SW (09618.HK) to Lose RMB8+ per Food Delivery Order, Cuts Profit ForecastsDaiwa cut its 2025-2027 EPS forecasts for JD-SW by 25-55%, and chopped its target price to $191 from $222, reflecting the short-term earnings pressure from the investment in the food delivery business, with rating kept at Buy.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)