While sales of electronics and home appliances continue to face challenges that may drag on JD-SW (09618.HK) -1.000 (-0.886%) Short selling $333.77M; Ratio 174.780% (JD.US) 's revenue into 2026, HSBC Global Research wrote in its report that it is increasingly confident in the company's general merchandise business, where the growth is driven by user expansion, particularly through cross-selling opportunities brought by food delivery services.HSBC Global Research has cut its target price for JD-SW from HKD144 to HKD137, implying an upside potential of around 38%. Based on the potential for earnings recovery and attractive valuation, the broker has also kept the Buy rating unchanged.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)Related News Citi Bullish on JD.com (JD.US) Core Retail Profitability, Shareholder Returns; TP USD35
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