FINWIRES · TerminalLIVE
FINWIRES

HKG:9618

26 stories mentioning HKG:9618Updated 2d ago

Every FINWIRES story that references HKG:9618, newest first.

What are analysts saying about HKG:9618?

Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.

What's the latest news on HKG:9618?

Asia

Market Chatter: JD.com Considering Bid for British Retailer Very Group

China's JD.com (HKG:9618) is considering a 2 billion pound bid for British online shopping platform The Very Group, Reuters reported Friday, citing a Sky News report.The firm previously tried to expand in the UK with its failed takeover bid for Currys and walked away from talks to acquire Argos from Sainsbury's last year.Carlyle, the owner of The Very Group, has reportedly been seeking to sell the British retailer since January.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:9618
Asia

Market Chatter: US Approves Sale of Nvidia's H200 Chips to China, But Zero Deliveries Made

Despite U.S. clearance for 10 Chinese companies, including Alibaba Group (HKG:9988), Tencent Holdings (HKG:0700) and ByteDance to buy Nvidia H200 chips, zero deliveries have been made to date, Reuters reported Thursday. citing three people familiar with the matter.While the U.S. Commerce Department approved sales of up to 75,000 units per company, Beijing has reportedly told local companies to stall purchases.Other companies that secured licenses to buy Nvidia chips include JD.com (HKG:9618), Lenovo (HKG:0992) and Hon Hai Precision Industry (TPE:2317) or Foxconn, the report said.Nvidia CEO Jensen Huang expects U.S. President Donald Trump and Chinese President Xi Jinping to build on their good relationship during the US-China summit to improve ties, Huang told Chinese state broadcaster CCTV on Thursday.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:0700HKG:0992HKG:9618HKG:9988TPE:2317
Asia

JD.com Q1 Attributable Net Income Down; Revenue Up

JD.com (HKG:9618) recorded a decline in attributable net income in the first quarter to 5.1 billion yuan from 10.89 billion yuan a year prior.Net income per share slipped to 1.77 yuan from 3.59 yuan, according to a Tuesday Hong Kong bourse filing. Net income per American depositary share declined to 3.54 yuan from 7.19 yuan.The Chinese e-commerce giant's total net revenue for the three months rose to 315.69 billion yuan from 301.08 billion yuan in the year-ago period.

HKG:9618
Asia

China's Major Food Delivery Platform Could Reconsider Subsidies Amid Regulatory Fines, S&P Says

Regulatory fines on China's major food delivery platforms could lead to players veering away from subsidies and instead adopt efforts focusing on quality, S&P Global Ratings said in a Monday release.The fines point to authorities' efforts to tone down heightened competition, or involution, in the segment, S&P said.The regulatory move will enable major players such as Meituan (HKG:3690), Alibaba (HKG:9988), and JD.com (HKG:9618) to focus on quality rather than on subsidies, which could lead to better profits after a decline last year, the rating agency said.However, long-term impact will depend on whether the rule will be thoroughly enforced, S&P said.

Shanghai Composite^SZSEHKG:3690HKG:9618HKG:9988
Asia

Heightened Competition in China's On-Demand Delivery Segment Raises Risk of Lingering Price War, S&P Says

Continued elevated competition between major companies in China's on-demand delivery market raises the risk of a persistent price war amid a delay in subsidy reductions until 2028, S&P Global Ratings said in a recent release.These create adverse conditions for all players, S&P said.Major platform operators Meituan (HKG:3690), JD.com (HKG:9618), and Alibaba Group Holding (HKG:9988) have allocated significant spending to seize a share of the on-demand delivery markets, such as food and online retail, S&P senior analyst Jay Lau said.These fast-paced segments account for more than 6% of China's retail sector, S&P said.The negative impact of the price war will be greater than expected, continuing the negative trend on major players' EBITDA since 2025, Lau said.

Shanghai Composite^SZSEHKG:3690HKG:9618HKG:9988
Asia

JD.com Sells 10 Billion Yuan Bonds

JD.com (HKG:9618) completed the offering of 10 billion yuan of bonds divided into two types, according to a Friday Hong Kong bourse filing.Of the total, 7.5 billion yuan of bonds carry a 2.05% interest rate and will fall due 2031, while the remaining 2.5 billion yuan 2.75% bonds will mature in 2036.The e-commerce giant will use proceeds for general corporate purposes, including the repayment of debt and interest.The listing of and permission to deal in the bonds on the Hong Kong bourse will become effective April 13.

HKG:9618

Showing 21-26 of 26

Track with the FINWIRES app suite