CLSA published a research report forecasting that JD-SW (09618.HK) 0.000 (0.000%) Short selling $363.92M; Ratio 30.960% may be significantly impacted by reduced trade-in subsidies and intense competition in the Chinese market. The broker currently estimated a moderate growth of 1.7% in the Group's total revenue for 4Q25, amounting to approx. RMB352.8 billion, and expected adjusted net profit to decline by 96% YoY to RMB481 million.Related NewsBofAS Lowers JD-SW's TP to HKD141, Envisions in-Line Results for 4QFY25CLSA lowered its 2025/ 2026 adjusted net profit forecasts for JD-SW by 6%/ 5% each, reflecting ongoing operational challenges persisting into 1H26, and kept rating at Outperform for JD.com (JD.US) .(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-02-03 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)