Movement Alert｜JD HEALTH Intraday Rise 3.01% in Regular Trading, New outpatient clinic and smart elderly-care push support sentiment

Market Focus10-20

On October 20, JD HEALTH recorded an Intraday Rise of 3.01% in Regular Trading, trading at HK$39.64, with turnover of HK$319 million.

The move coincided with recent company developments including the establishment of a comprehensive outpatient clinic in Beijing and a further push into smart elderly-care services.

Recent disclosures show JD HEALTH set up Beijing Lize JD Health Comprehensive Outpatient Clinic Co., Ltd. with registered capital of RMB5 million, with business scope including clinic services and health consulting. Separately, the company showcased a one-stop smart elderly-care solution covering online consultation, home nursing, smart hardware and elderly-care products, built around its medical testing, diagnosis and pharmacy service loop. Earlier interim results also showed first-half revenue of RMB40.9 billion, up 15.9%, and adjusted net profit of RMB3.5 billion, up 40.3%, reinforcing expectations for stronger online-offline healthcare service coordination.

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