On July 28, JD-SW rose 3.19% in regular trading, trading at 122.6 HKD/share, with turnover of 1.38 billion HKD. The stock was lifted by a confluence of positive catalysts including Costco's exclusive e-commerce partnership announcement and JD's expanding robotics and AI strategy.
Costco officially designated JD as its sole official e-commerce partner in China. The Costco JD flagship store lowered its minimum order threshold from 199 yuan to 99 yuan, while non-members can now place orders directly. During the trial period, the store attracted over 30 million visitors and surpassed 220,000 followers. Product pricing and sourcing remain largely consistent with offline stores, with delivery coverage spanning all of mainland China and same-day delivery available in select cities.
Additionally, JD secured a prime industrial land parcel in Shanghai's Zhangjiang Science City to build a robotics intelligent industry base covering approximately 105,000 square meters, targeting embodied intelligence robots, industrial robots, and core components, with full completion expected by mid-2029. Meanwhile, renowned investor Michael Burry publicly stated he has increased his JD holdings and expressed bullishness on undervalued Hong Kong-listed stocks, further supporting market sentiment.
(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.)
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