On July 10, JD Health rose 3.23% in regular trading, trading at 37.76 HKD/share, with turnover of approximately 64.18 million HKD.
On the news front, the Internet & Direct Marketing Retail sector broadly strengthened, with positive industry sentiment lifting JD Health in tandem. Among sector peers, BABA-W rose 4.35%, PA Good Doctor rose 4.20%, ALI Health rose 2.94%, and JD-SW rose 2.88%.
Additionally, UBS recently maintained its Buy rating on JD Health, noting the company has established competitive advantages at both the user and supply chain levels on its online platform. The bank expects the online pharmacy platform revenue to achieve a double-digit compound annual growth rate, while also noting that regulatory tightening will have limited impact on online drug purchasing behavior. UBS simultaneously maintained a Sell rating on Ali Health and lowered its target price from 3.6 HKD to 3.1 HKD, underscoring a differentiated outlook favoring JD Health within the sector.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
Comments