JD.com ADR Aktie News

The ongoing tech dynamism and market upheaval unveil the imminent rise of three high-potential stocks set to redefine 2024. In this era of unprecedented innovation and transformative strategies, the corridors of the trio resonate with the pulse of technological evolution.

Morgan Stanley issued a new report on Chinese e-commerce stocks last night. The banker downgraded Alibaba and cut its price target on JD.com, but raised its price target on PDD Holdings.

The stock market is trending higher again, which means sooner or later it will fall. But shrewd investors look forward to such drops because that opens doors to buy.

U.S. securities regulators levied fines totaling more than $7 million against three China-based auditors for a variety of offenses including issuing a false audit report.

JD.com Inc. NASDAQ: JD is often cited as the Amazon.com Inc. NASDAQ: AMZN of China. This comparison applies due to its sheer massive scale, as it has grown to be the largest e-commerce and B2C retailer in the country.

The rise of Pinduoduo has ramped up competitive pressure on JD.com. Pinduoduo posted fantastic Q3 results today and is gaining market share.

Chinese e-commerce giant PDD Holdings Inc. (NASDAQ: PDD), formerly known as Pinduoduo, reported earnings early Tuesday morning that blew the doors off consensus estimates and sent ‌its stock price soaring, up more than 18% in the premarket session.

Scion Asset Management CIO Michael Burry gained acclaim after correctly predicting the housing market downfall during the Great Recession. The latest round of Form 13F filings reveals two surprising buys for Burry's fund.