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<Research>CLSA Expects JD.com (JD.US) 4Q24 Results to Be Solid, Trade-in Policy to Continue to Support 2025 Growth
CLSA released a research report expecting JD.com (JD.US) to deliver solid results, with 4Q24 total revenue/ adjusted EBIT rising 9%/ 23% YoY each.The central government has extende...
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<Research>CLSA Expects JD.com (JD.US) 4Q24 Results to Be Solid, Trade-in Policy to Continue to Support 2025 Growth
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CLSA released a research report expecting JD.com (JD.US)      to deliver solid results, with 4Q24 total revenue/ adjusted EBIT rising 9%/ 23% YoY each.

The central government has extended the “trade-in” policy in 2025 to cover a wider range of product categories, while JD.com is a key online beneficiary, CLSA added. The broker forecasted its FY2025 revenue growth to be 5-6%, but with upside risks.

Related NewsNew Home Sales MoM for Dec in United States is 3.6%, lower than the previous value of 5.9%.
Therefore, CLSA kept rating at Outperform on JD.com's US stock, with a target price of US$46.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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