[ET Net News Agency, 11 July 2025] Daiwa lowered the target price for JD (09618) to
HKD191 from HKD222 and maintained the "buy" rating.
The research house said it expects JD Retail's revenue to grow by 15.3% YoY in 2Q25E,
with a stable YoY operating margin of 4.0%, bringing segmental operating profit to
CNY11.7bn. (rc)