JD Jun 2024 52.500 call
| Previous close | 0.0300 |
| Open | 0.0300 |
| Bid | 0.0100 |
| Ask | 0.1400 |
| Strike | 52.50 |
| Expiry date | 2024-06-21 |
| Day's range | 0.0300 - 0.0300 |
| Contract range | N/A |
| Volume | |
| Open interest | 4.78k |
- Yahoo Finance Video
What's motivating stock momentum in China's internet giants?
Morning Brief Co-Hosts Myles Udland and Seana Smith turn their attention to Chinese internet stocks, focusing on the stock performances of industry titans such as Alibaba (BABA) which is set to report fiscal fourth-quarter earnings on Tuesday, Tencent Music Entertainment Group (TME), and JD.com (JD). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
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ReutersChinese e-commerce giants face delicate balance between discounts, profit
Quarterly earnings reports from Chinese e-commerce giants Alibaba and JD.com this week will be closely watched as barometers for the mood of consumers in the world's second-largest economy. Both firms, which combined account for about 69% of China's e-commerce market revenue, according to DBS estimates, have faced increasing competition in recent years from low-cost platforms, such as PDD Holding's Pinduoduo and ByteDance-owned Douyin. Chinese consumers are seeking discounts and lower-cost shopping because of their cautious attitude toward spending after the COVID-19 pandemic amid lower economic growth and the slowdown in the property sector.
