** Hong Kong shares of China's online retailer JD.com
jump as much as 9.7% to HK$97.85, their highest since Jan. 12
** Stock on course for the second session of gains; biggest pct gainer in Hang Seng Index , Hang Seng Tech Index
and second biggest in Hang Seng China Enterprises Index
** U.S.-listed stock jumped 16.2% on Wednesday
** JD.com reported Q4 revenue above estimates and announced it would increase the size of its share repurchase program, repurchasing up to $3 bln worth of shares, including U.S.-listed shares, over the next 36 months through March 2027
** Citi maintains "buy" on the stock given undemanding valuation, improving shareholder return and initial sign of turning around JD Retail growth prospect
** Jefferies keeps "buy" on the stock, expecting JD Retail revenue to outpace industry growth
** Co's unit JD Logistics jumps 12.9% to HK$8.68, highest since Jan. 16, after it posted a yearly profit of 616.2 mln yuan compared to a 1.4 bln yuan loss in 2022
** Hang Seng Composite Index climbs 0.6%, while Hang Seng Tech Index and Hang Seng Index both add 0.1%
** JD.com's Hong Kong stock falls 14.9% YTD, U.S.-listed shares down 13.8% YTD
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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