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

sgbuffett

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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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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.

(This post was last modified: 07-03-2024, 07:27 AM by sgbuffett.)

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JD stock surge 16% in one day as results show it can fend off PDD - by sgbuffett - 07-03-2024, 07:26 AM

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