JD.com’s stock is soaring, with JD Group up 5%. Investment banks are optimistic.

Due to JD.com's profitability significantly exceeding market expectations,10 yuan up and down investment regular platform various major investment banks have expressed optimism. Citibank noted that JD.com's second-quarter profit was significantly above expectations, and believes that if the old-for-new policy progresses faster than anticipated, it will further boost the company's stock price. Guosen Securities continues to maintain its "Outperform" rating; China International Capital Corporation mentioned in its research report that, given the better-than-expected improvement in JD Logistics' profit margin, it maintains an "Outperform" rating; BOC International upgraded JD Logistics' rating to "Buy," considering its current valuation to be below the industry average; Huatai Securities also maintains a "Buy" rating for JD Health, expecting its profits to grow steadily in 2024.Risk Warning and Disclaimer

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