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SG Talk > SG Talk > Market Talk > JD stock surge 16% in one day as results show it can fend off PDD
Full Version: JD stock surge 16% in one day as results show it can fend off PDD
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sgbuffett

07-03-2024, 07:26 AM
At the end of the day Chinese consumers still want decent quality products not cheap crap from PDD and Temu.

Company now traidng at 6x free cashflow and has 80% of it's capitalisation in cash.

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SG Talk > SG Talk > Market Talk > JD stock surge 16% in one day as results show it can fend off PDD