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18383 CIJDCOM@EC2601A (CALL)
RT Nominal unchange0.173 0.000 (0.000%)

11/07/2025 14:55

{I-bank focus}Daiwa lowers JD (09618) to HKD191

[ET Net News Agency, 11 July 2025] Daiwa lowered the target price for JD (09618) to
HKD191 from HKD222 and maintained the "buy" rating.
The research house said it expects JD Retail's revenue to grow by 15.3% YoY in 2Q25E,
with a stable YoY operating margin of 4.0%, bringing segmental operating profit to
CNY11.7bn. (rc)

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