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2021-06-11
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JD.com's Hong Kong shares fall most in over 2 weeks, Nomura trims TP
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJD.com's Hong Kong shares fall most in over 2 weeks, Nomura trims TP\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-11 15:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Hong Kong shares of China's e-commerce company JD.com Inc fall 2.2% to HK$277.20, the lowest since May 25</p>\n<p>** Stock ranks the fourth biggest decliner in the Hang Seng Tech Index and the sixth biggest loser in information technology sub-index</p>\n<p>** Nomura maintains \"buy\" rating on JD but trims TP of its Hong Kong shares to HK$365 from HK$375 and its U.S. shares to $94 from $98, saying the tone about investment in community grocery group-buy <a href=\"https://laohu8.com/S/CGG\">$(CGG)$</a> business sounds more aggressive than originally thought</p>\n<p>** JD's management has decided to ramp up investments in <a href=\"https://laohu8.com/S/CGGYY\">CGG</a> space from 2Q, instead of taking a prudent approach on <a href=\"https://laohu8.com/S/CGPVF\">CGG</a> investment which the market believes that JD was unlikely to invest as aggressively as its peers like Meituan and Pinduoduo - Nomura</p>\n<p>** The Hong Kong Hang Seng sub-index tracking information technology firms gains 0.1%, while the Hang Seng Tech Index edges down 0.02%%</p>\n<p>** The Hang Seng China enterprises index climbs 0.2%, and the bench mark index rises 0.3%</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NMR":"野村控股","09618":"京东集团-SW","PDD":"拼多多","03690":"美团-W","JD":"京东"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142274958","content_text":"** Hong Kong shares of China's e-commerce company JD.com Inc fall 2.2% to HK$277.20, the lowest since May 25\n** Stock ranks the fourth biggest decliner in the Hang Seng Tech Index and the sixth biggest loser in information technology sub-index\n** Nomura maintains \"buy\" rating on JD but trims TP of its Hong Kong shares to HK$365 from HK$375 and its U.S. shares to $94 from $98, saying the tone about investment in community grocery group-buy $(CGG)$ business sounds more aggressive than originally thought\n** JD's management has decided to ramp up investments in CGG space from 2Q, instead of taking a prudent approach on CGG investment which the market believes that JD was unlikely to invest as aggressively as its peers like Meituan and Pinduoduo - Nomura\n** The Hong Kong Hang Seng sub-index tracking information technology firms gains 0.1%, while the Hang Seng Tech Index edges down 0.02%%\n** The Hang Seng China enterprises index climbs 0.2%, and the bench mark index rises 0.3%","news_type":1},"isVote":1,"tweetType":1,"viewCount":318,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/181278479"}
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